2021 Market Updates

LNG Demand and Storage Going into Winter 2021-2022

2024-02-06T21:02:16+00:00

By Sean Devine, Director of Natural Gas Sales There have been a few main driving factors that have led to the increasingly higher natural gas prices and lower storage levels through 2021. As the country has seen continuous heat waves across a majority of the lower 48, another driver has made quite an impact on [...]

LNG Demand and Storage Going into Winter 2021-20222024-02-06T21:02:16+00:00

Market Update: New Hampshire Municipal Net Metering Expansion – HB 315

2023-11-29T14:30:58+00:00

Published on July 7, 2021 New Hampshire’s renewable net metering cap has long been a topic of contention and deliberation. Currently capped at 1MW, the state’s net metering policy has led to many iterations of proposed reform and a push to find a mechanism that allows for renewable energy expansion while also being fair [...]

Market Update: New Hampshire Municipal Net Metering Expansion – HB 3152023-11-29T14:30:58+00:00

Market Update: Maine NEB – An Important Initiative for the Maine Economy and Energy Future

2023-08-02T16:01:25+00:00

Published on May 21, 2021 Maine’s Net Energy Billing policy, while widely supported among consumers and advocates alike, continues to be the subject of significant speculation and legislative review at the State level. This review has the potential to impact the future of the NEB program as it currently exists and prevent new energy [...]

Market Update: Maine NEB – An Important Initiative for the Maine Economy and Energy Future2023-08-02T16:01:25+00:00

Market Update: Colonial Pipeline Outage Update

2022-12-05T01:56:54+00:00

Published on May, 14 2021 The Colonial Pipeline has resumed operations as of Wednesday, May 12th.  Markets have started to receive the much needed Gasoline, Diesel, and Jet Fuel which Colonial transports. It will take a few days for the markets (specifically the Southeast gasoline) to return to normal. Gasoline shortages are still occurring [...]

Market Update: Colonial Pipeline Outage Update2022-12-05T01:56:54+00:00

Market Alert: Colonial Pipeline Cyber Attack

2023-08-02T15:57:49+00:00

Published on May 10, 2021 Over the weekend, a hacker group DarkSide cyber attacked the key Colonial Pipeline network. The Colonial Pipeline is the nation’s largest pipeline network which carries fuel from the Gulf Coast to the Northeast. The ransomware attack ground all operations to an immediate halt, and Colonial is slowly bringing operations [...]

Market Alert: Colonial Pipeline Cyber Attack2023-08-02T15:57:49+00:00

Market Update: Maine Net Energy Billing

2022-12-05T01:58:17+00:00

Published on April, 19, 2021 The Maine Net Energy Billing (NEB) program, a state driven renewable energy savings incentive program, has experienced significant adoption in the past 12 months from Maine energy users. This trend does not come as a surprise, particularly because the program offers guaranteed savings and incentives to participating off-takers, all [...]

Market Update: Maine Net Energy Billing2022-12-05T01:58:17+00:00

2021 Winter Volatility in the New England Region and Precious LNG

2024-02-06T21:02:16+00:00

Sean Devine Director of Natural Gas Sales Freedom Energy LNG, the liquid form of natural gas, is taken out of the ground as natural gas, and becomes a liquid when it is cooled to -162 degrees Celsius. e cooling process reduces the volume of natural gas by more than 600 times – [...]

2021 Winter Volatility in the New England Region and Precious LNG2024-02-06T21:02:16+00:00

2021 Renewable Energy Outlook

2022-12-05T01:59:15+00:00

Published on March 4, 2021 With the 2020 election behind us, a clear direction has been set in support of sweeping renewable energy reform at the Federal level. e Biden administration has pledged $2 trillion to tackle climate change across the nation, which is undoubtedly going to impact the way many clients procure and [...]

2021 Renewable Energy Outlook2022-12-05T01:59:15+00:00

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