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Europe: +44 (0) 207 198 1634 October 18, 2023 – As construction and financing costs rise rapidly, virtually all of the offshore wind projects in the Northeast have come under pressure, leading many to delay or cancel their construction. Recently, many wind farm developers have been trying to renegotiate their terms but were denied, putting the projects and energy markets at […]
May 10, 2021 – Renewable energy certificates (RECs) represent the environmental attributes of renewable generation and are measured and sold per Megawatt-Hour (MWh) of energy produced. Voluntary RECs are those purchased beyond statutory obligation and are often certified under the nationally recognized Green-e program administered by the Center for Resource Solutions. Over the past 24 […]
Connecticut is joining New York, Rhode Island, and Massachusetts in welcoming offshore wind projects to increase their renewable energy production. The Constitution Wind Project, one of many offshore wind projects proposed to the state, would supply power to 100,000 homes and help reduce the state’s reliance on natural gas for electricity generation. Eversource Energy and a […]
Equities and the Economy: • Dow and S&P close at record high. • Dow closes above 24,000 for first time. It was a stellar day for stocks yesterday. The Dow skyrocketed gaining a whopping 332 points, 1.39%, closing above 24,000 for the first time at 24,272 and logging its largest single day gain since March. […]
Equities and the Economy: • New record highs across the board. • Corporate earnings continue to look good. The board was painted green yesterday with all the major indexes closing at new record highs. The Dow gained 100 points, 0.5%, finishing at 21,613, the S&P 500 tacked up 7 points, 0.3%, ending at 2,481 and […]
Record levels of solar and wind generation in the last year along with low seasonal demand for nuclear energy led renewable energy generation to exceed nuclear generation for the first time in over 30 years. While this is expected to be a short-term reversal of “normal” electricity generation, renewables could soon overtake nuclear generation for […]
Equities and the Economy: • U.S. stocks end mixed. • Labor market tight. It was a lackluster day yesterday with U.S stocks ending mixed. The Dow slipped 13 points to 21,397, the S&P 500 ended off a single digit at 2,435 while the Nasdaq bucked the trend closing up 3 points at 6,237. All chatter. […]
California grid smashes renewables record, getting more than 67% of its energy from renewables on May 13, 2017. The state is still leading the U.S., but the entire country is making progress with renewable energy. CALIFORNIA LEADING THE WAY On May 13, 2017, California smashed through another renewable energy milestone as its largest grid, controlled […]
Equities and the Economy: • Stocks post marginal gains. • Nasdaq posts 2nd consecutive record high. U.S. stocks eked out gains yesterday with the Dow closing 36 points higher at 20,950, the S&P 500 up 3 to 2,391 and the Nasdaq gaining 4 at 6,095, enough to close at a record high for a second […]
Equities and the Economy: • Choppy day on Wall Street. • Stocks eke out small gain. U.S. stocks ended a choppy session yesterday finishing virtually flat to Friday’s closes. Both the Dow and S&P 500 closed up a couple of points to 20,658 and 2,357, respectively, and the Nasdaq finished 3 points higher at 5,881. […]
