Colonial Pipeline Hack Raises Worries on Gas Prices

May 10, 2021

This past Friday Colonial Pipeline networks were hacked and caused the facilities to become inoperable. The FBI believes an Eastern Europe hacker group known as DarkSide is responsible for the attack, though they have publicly denied it. Colonial Pipeline is responsible for supplying almost half of the gas on the East Coast and there are […]

Rhode Island DOR Releases 100% Renewable Electricity Initiative

March 26, 2021

On January 2020, Rhode Island’s governor Gina M. Raimondo signed an executive order setting the goal to source 100% of the state’s electricity demand from renewable sources. A requirement of the executive order is for the State to develop any necessary policies and explore multiple avenues to meet this goal. Some of the main drivers […]

Canada Pushing Nuclear Energy Development to Lower Carbon Emissions

March 3, 2021

Nuclear Energy development has been very limited in the world’s most developed nations, favoring investments for Solar and Wind. A big reason for this is the public’s overall negative perception of nuclear energy, which is the cleanest form of energy available. Nuclear technology has seen various advancements in construction, operation, and safety measures of facilities […]

ERCOT $1.3B Short in Payments to Power Plants After Crisis

March 1, 2021

The Electricity Reliability Council of Texas (ERCOT) responsible for the operations of the state’s energy market is waiting for $2B in payments from retail providers to pay suppliers after the winter vortex made energy prices skyrocket to over $9,000/MWh. ERCOT was able to transfer $800M from a separate market, but still owes $1.3B. If ERCOT […]

Divisive Clean Energy Future in New England Area

Over the past years there has been a fight over the building of an AVANGRID power line bringing hydroelectric energy from Quebec to the New England area. The project is estimated to cost $1B, and last week was hit with a referendum that would kill the project if approved by Maine legislators. This project is […]

Texas Grid Was ‘seconds and minutes’ From Complete Failure

February 18, 2021

As rolling blackouts began in Texas last Thursday, ERCOT officials have said the power grid was “seconds and minutes” from a complete collapse. If the grid would have gone down it could have created random, uncontrollable blackouts for months to come. This would have created an “indeterminably long” crisis, as grid operators took difficult decisions […]

Texas Prevents Out-Of-State Gas Shipments as ERCOT Crisis Worsens

February 17, 2021

As Texas continues to see extreme cold weather the natural gas industry is facing extreme pressure from all angles. Governor Greg Abbott has decided to act on the matter by forbidding sales to power producers outside its borders through Feb 21. Natural Gas suppliers will have to sell to Texas power generation assets until that […]

Texas Polar Vortex Freezes Wind, Natural Gas, and Coal Generation

February 16, 2021

Residents across Texas found themselves covered in snow and freezing temperatures this Monday February 15th. People went inside their cars and turned on heaters as the temperature in their homes without insulation dropped below 40 degrees. The Electric Reliability Council of Texas (ERCOT) responsible for operating the electric grid issues rotating blackouts as generation assets […]

Elon Musk Offers $100M Prize for Carbon-Capture Challenge

February 11, 2021

Elon Musk – $100M Carbon-Capture Prize Challenge Elon Musk unveiled a $100M prize pool for the Carbon Removal XPrize challenge for companies to design and build carbon capture technologies. More specifically, the goal is for teams to construct a project that makes a meaningful difference in removing carbon from the atmosphere, instead of just neutralizing […]

Baker-Polito Administration Releases Net Zero Emissions by 2050 Roadmap

December 31, 2020

Most recently the Baker Administration released a draft of the roadmap to achieve zero emissions by 2050, part of which include the 2030 Clean Energy and Climate Plan (CECP). This plan establishes carbon reduction goals of 45% by 2030, and we are currently at 22% meaning this plan will require the building of more renewables, […]