EarlyBird News
Natural Gas Drops Sharply Since Beginning of May
July 2, 2013Over the past couple of months, natural gas futures contracts have dropped as low as $3.53 on June 28 after reaching a one-year high of $4.53 on May 1. There is support at $3.40. Below is a price chart of the August future contract over the past twelve months:
EarlyBird Power from Largest Private Solar Deal in MA
June 13, 2013EarlyBird has coordinated with Southern Sky Renewable Energy on the largest private solar deal in Massachusetts. Here is a photo from the Carver site this morning:
MA DOER Addresses Exceedance of 400 MW Solar Carve Out and SRECs
June 11, 2013On Friday, June 7, the Massachusetts DOER held a meeting to discuss the finalization of the current SREC program in addition to the implementation of the next program. The meeting was crucial in addressing the ramifications of the unexpected announcement it made on Wednesday, May 29, saying that the current SREC program had reached its […]
NSTAR Releases New Basic Service Rates for July 1
June 4, 2013Fixed basic service, July through December (in $/kWh): Residential: 0.07506 Commercial Street Lighting: 0.07426 Industrial (NEMA): 0.07239 (through September) Industrial (SEMA): 0.07042 (through September) Monthly basic service (in $/kWh): Residential July: 0.07542 August: 0.07353 September: 0.07057 October: 0.07087 November: 0.07342 December: 0.08489 Commercial, Street Lighting July: 0.07575 August: 0.07438 September: 0.06847 October: 0.06815 November: 0.07189 December: […]
Natural Gas Expected to Undergo a Summer Surge
June 3, 2013In the Northeast this summer natural gas prices are expected to rise due to increase demand. Some experts are saying natural gas in the Northeast may average $5-$5.50 per million British thermal units (MMBtu) or even in the $7-$8 per MMBtu range. Natural gas prices at Algonquin City Gates, the pipeline system that delivers gas […]
PJM Reports a Record Amount of New Generation
May 29, 2013On Friday, PJM, the regional transmission organization (RTO) that coordinates the wholesale power market for 13 states (all or parts of Delaware, District of Columbia, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, West Virginia, Indiana, Illinois, Kentucky, Michigan, North Carolina, and Tennessee, all of which EarlyBird Power is licensed in), reported the results of its annual […]
Cuomo Proposes PSEG Takeover for LIPA
May 28, 2013Governor Andrew Cuomo of New York wants Public Service Electric & Gas Co. of New Jersey to take over for the Long Island Power Authority. “LIPA is broken. And LIPA has to go away,” Gov. Cuomo asserted in the wake of the well-known failures of the utility company in response to Hurricane Sandy. LIPA was […]
New Energy Efficiency Savings Protocols Published
May 16, 2013The Energy Department reported on Wednesday that it has published a new series of protocols for determining the savings that result from upgrades in energy efficiency in homes, commercial buildings, and industrial facilities in the hopes that the new methods will improve credibility and clearly outline the advantages of energy efficiency programs that give families […]
Boston Passes Energy Monitoring Law
May 9, 2013Large cities like New York have laws set in place that require property owners to monitor energy and water usage. Boston has now joined the ranks of those cities by passing an ordinance that will require large commercial and residential building owners in the city to report their annual energy and water usage in the […]
Obama: U.S. to Likely Become Net Natural Gas Exporter by 2020
May 6, 2013Over the weekend, President Barack Obama said that the U.S. would likely be a net natural gas exporter by 2020. This major announcement follows the World Energy Outlook’s scenario forecast that also sees the U.S. becoming a net gas exporter by 2020 and even nearly self-sufficient by 2035. President Obama indicated in his trip to […]