March 2024 Freedom Energy Newsletter New England Futures Electricity Prices Summary Howard Plante discusses the significant drop in the 2024 calendar year electricity price to a 24-month low of 4.99 cents per kWh, highlighting the influence of declining natural gas prices and mild weather on electricity price trends for 2024, 2025, [...]
March 2024 Freedom Energy Newsletter Natural Gas Prompt Price in Rare Territory Howard Plante, VP of Procurement, discusses the rare occurrence of natural gas prompt month prices dropping below $2 per million BTU, a level that has been breached only a few times since 2014. He highlights the market's self-correcting nature, [...]
Howard Plante Vice President of Procurement Freedom Energy Published: December 14, 2023 Introduction: The Rise of Renewable Energy Requirements Over the past several years, we have seen state and federal policies increase renewable energy requirements. Thirty-six states and the District of Columbia have established a Renewable Portfolio Standard (RPS) program. Twelve [...]
Howard Plante Vice President of Procurement Freedom Energy Published: December 14, 2023 Electricity Price Trends Across 2024, 2025, and 2026 In October, we reported that the 2024 calendar year electricity price average dropped to a 17-month low of 6.37 cents per kWh. In the subsequent weeks since the end of October, [...]
Howard Plante Vice President of Procurement Freedom Energy Published: September 19, 2023 Introducing Order No. 2023: Speeding Up Approvals On July 28, 2023, the Federal Energy Regulatory Commission (FERC) issued Order No. 2023 which brings sweeping reforms to the interconnection process for large electric generation projects (20 megawatts and greater) and [...]
Howard Plante Vice President of Procurement Freedom Energy In mid-2022 as the Russia – Ukraine war continued, futures electricity prices for 2023 and beyond followed a pattern of volatility driven by natural gas prices. Speculation remained high as we headed into the Fall, and utility electricity prices for January and February 2023 [...]
Howard Plante Vice President of Procurement Freedom Energy During the late summer and fall of 2022, as we continued to plan strategies for the winter, the global energy situation was a major consideration. Concerns were that energy prices could reach unprecedented levels. Included in those concerns were the following: Utilities were maintaining [...]
Howard Plante Vice President of Procurement Freedom Energy Freedom Energy is pleased to share that the USGA has finalized its Renewable Energy Credits (RECs) procurement in support of the U.S. Open event held June 13-19, 2022, at The Country Club. Last summer, the USGA pledged to invest in community renewable energy projects [...]
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