France forces EDF to take €8.4bn hit with electricity bill caps

January 18, 2022

As energy costs see increases, the French government will set a limit on electricity bill hikes to 4%, estimated to create a €8.4bn impact to EDF Energy, the country’s largest energy company. Shares of EDF fell by 20% as the government is also forcing their nuclear reactors to sell to rival suppliers, below market price, […]

ISO-NE: Oil for Reliability

Last Sunday a quarter of ISO-NE was powered by Oil. Generators had to come online or switch as baseload was having trouble keeping up with the cold weather. While natural gas can be the most reliable and environmentally friendly alternative for times like these, there is simply not enough available. This phenomenon has been going […]

ISO-NE Energy Crisis

December 30, 2021

A grid is only as strong as its weakest generation resource, or regulatory bodies – it can all go wrong in seconds and there’s nothing you can do. ISO-NE electricity generation is highly dependent on natural gas as fuel, and during the Winter season the priority access to natural gas is given to heating homes […]

Dutch TTF Futures Remain Volatile

December 16, 2021

Over the last few months Dutch TTF futures have rallied at increased tensions between Russia and Ukraine. In addition to this, all time low storage given increased demand over the year, and delays in the construction of new pipelines have squeezed futures prices. Nord Stream 2 is still facing political pressures and tightening reserves have […]

Eversource NEMA/SEMA Winter Rates Announced

November 30, 2021

Eversource filed its Winter rates with the DPU; prices reflecting current constraints in natural gas supplies in the Northeast. Most notably for Large C&I customers under a variable rate these will be paying close to $0.30/kWh in both January and February, and those under a fixed rate will be paying $0.2754/kWh and $0.2532/kWh for NEMA […]

Nuclear Energy – Clean Energy

November 8, 2021

In the public eye nuclear power is politicized as being “dirty, dangerous, insecure, outdated, harmful,” among many other things. The reality is the complete opposite. Jacopo Buongiorno, an MIT nuclear engineer has calculated that the life cycle of a nuclear power plant including construction, mining, transport, operation, and decommissioning creates just 1/700th of coal, 1/400th […]

Natural Gas Shortage Scramble

October 8, 2021

Over the past few months Natural Gas prices have been trickling up, seeing new highs of around $6/dth from artificially suppressed levels of around $3 during the pandemic. As the supply chain and operations of all industries begin to normalize, an increase in demand for natural gas domestically and internationally are pushing prices higher and […]

Proposed MA Electricity Winter Rates Released

September 23, 2021

The U.S natural gas markets have been constrained by increases in LNG exports, reduced gas production and storage, and returns to pre-covid levels of demand. Natural Gas prices have risen from the $3 level to $5, and in the New England area natural gas prices are big determinants of electricity prices. Given this recent constraint […]

Utilities Considering Mini Nuclear Reactors

August 6, 2021

As the climate crisis accelerates, utilities in the U.S are looking to acquire miniature nuclear reactors called SMRs (Small Modular Reactors) to secure a reliable energy source and lower emissions associated to climate change. Over the past decade companies have stopped building nuclear due to rising costs of maintenance and delays. Some utilities interested in […]

Bitcoin Mining Goes Greener

August 2, 2021

Over the past year Bitcoin has been under closer public scrutiny given articles discussing the massive amounts of energy required to mine new Bitcoin and maintain the network. Bitcoin mining is the process through which new Bitcoin is introduced in circulation, based on a Proof of Work (POW) algorithm which requires computers to solve complex […]