US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Because of multiple economic, political, social, and weather factors, coal production has dropped in recent years and is now at its lowest level since 1981. This lack of coal is creating even more demand for natural gas for electricity generation, leaving much of the Northeast at risk for wildly volatile natural gas prices. Source: U.S. […]
Equities and the economy Ever since seeing new record highs in their sights last week the major indexes have been on been on the defensive. Yesterday U.S. equities closed lower for the third consecutive day with the Dow falling 133 points, 0.74%, to 17,732, the S&P 500 lost 17 points, 0.81%, finishing at 2,079 and […]
Massachusetts lawmakers are supporting green energy. With Boston hosting a US-China Climate Summit in 2017, the state is preparing to become a sustainability example for other states and countries to follow. Led by the UK and Germany, the installed capacity of global offshore wind is now over 11,000 MW and is expected to increase by […]
Equities and the economy After coming within a whisker of posting new highs earlier in the week U.S. stock prices fell both Thursday and Friday. On Friday the Dow fell 120 points, 0.67%, finishing at 17,865, the S&P 500 lost 19, 0.92%, to 2,096 and the more volatile Nasdaq got clobbered falling 1.29%, 64 points, […]
Equities and the economy On Tuesday we traded above it intraday but didn’t settle above it. Well, yesterday we did. I’m talking about Dow 18,000. Yesterday the Dow gained 67 points, 0.37%, closing at 18,005 and above 18,000 for the first time since April 27th. The S&P 500 added 7 points, 0.33%, finishing at 2,119. […]
Coal and natural gas plants are retiring in Texas. Now may be the time to look into solar and storage options to provide energy stability for the future. ERCOT may need to plan for a skinny duck curve. In the next 15 years, Texas expects to add somewhere between 14 and 27 gigawatts of solar […]
Equities and the economy Led by higher oil prices and energy shares the Dow and S&P 500 finished marginally higher yesterday coming within striking distance of new all-time highs. The Dow gained 18 points finishing at 17,938 after briefly topping 18,000 for the first time since April. The S&P closed up 3 points at 2,112 […]
Equities and the economy Our Fed Chairperson, Janet Yellen, spoke yesterday painting a mostly upbeat picture of the economy conceding that the May payrolls data was disappointing but adding it is only one data point which does not make a trend. She stated interest rates are forthcoming but gave no clue as to when. All […]
Starting over a decade ago, the Massachusetts legislature began creating laws that require all suppliers of electricity (including utilities) to obtain a certain percentage of their electricity from renewables. The original legislation, called the Renewable Portfolio Standard or RPS, began in 2003 with all suppliers required to purchase 1% of generation from qualifying renewables. Since […]
Equities and the economy As mentioned in Friday’s Blog, the headline data was the horrible May jobs report noting only 38,000 jobs were added in May. Putting into perspective how bad this report was, when the report was released the CNBC reporter reading the data said, “We seem to have lost a digit somewhere.” The […]
