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Over the past two winters, ISO-NE has implemented a program to ensure adequate energy supplies in the region even on the coldest days of the year. The so-called Winter Reliability Program (WRP) successfully kept the lights on and gas flowing during the Polar Vortex of 2014 and the coldest weather of winter 2015 as well. […]
Projections in EIA’s Annual Energy Outlook 2015 (AEO2015), released April 14, show the potential to eliminate net U.S. energy imports sometime between 2020 and 2030. This reflects changes in both supply and demand, as continued growth in oil and natural gas production and the use of renewables combine with demand-side efficiencies to moderate demand growth. The United […]
The City of Austin is like a “drug addict” that is “addicted” to some $156 million in annual revenues diverted from Austin Energy to city coffers, Sen. Troy Fraser said during a hearing on SB 1945, which would provide the potential opportunity for certain large customers at Austin Energy to take competitive electric supply. The […]
Equities and Economy Good morning. As we all know, today is tax filing deadline day. Well it’s also National Take a Wild Guess Day! Think there’s a correlation?! By the way, on this day 103 years ago the Titanic sunk. Hope that’s not an omen for stocks! U.S equities closed mixed with the Dow and […]
Equities and the Economy Good morning and happy National Reach as High as You Can Day. U.S. stocks closed lower yesterday ending a streak of three consecutive gains with the Dow fell 81 points to 17,977 (once again under 18,000), the S&P 500 lost 10 to 2,092 and the Nasdaq ended the session down 8 […]
As part of New York’s Reforming the Energy Vision (REV) strategy, $160 million in funding is being made available to support public-private sector partnerships in clean energy projects. Funding will be administered competitively. The funding will support significant private investment in renewable energy sources such as wind farms, fuel cells, biomass facilities, renewable biogas and […]
Equities and the Economy Good morning and happy National Scrabble Day. It was a nice day for your portfolio on Friday with the Dow logging a hefty 99 points gain (0.55%) closing at 18,058, the S&P 500 rose 11 (0.50%) to 2,102 and the Nasdaq climbing 22 (0.4%) to 4,996. Note the Dow is once […]
Just five years ago support for nuclear power reached 62%, buoyed by announcements that the United States would construct two new facilities after a three-decade hiatus. But a new poll from Gallup shows support has plunged, largely in the wake of Japan’s Fukushima disaster but also as renewable energy sources have become more prominent and […]
Equities and the Economy Good morning and happy National Sibling Day. U.S. equities ended a choppy session yesterday with modest gains helped by a rally in energy and the healthcare sectors. Trading was tight ranged with the Dow closing up 56 at 17,958, the S&P 500 adding 9 to 2,091 and the Nasdaq closing 24 […]
A power outage that left 28,000 customers in the District of Columbia and Maryland in the dark also sent real-time prices higher, Platts reported. The locational marginal price for BGE exceeded $500/MWh, and Pepco prices reached approximately $400/MWh. According to a statement from the Washington, D.C., office of the mayor, the outage “was the result […]
