Market Update: Massachusetts Green Communities Grant Modifications
With everything going on right now, we understand how difficult it can be to keep track of all the changes impacting your municipality. As the Energy Advisor for many communities throughout the state, we thought it valuable to provide highlights regarding some of the changes affecting this year’s Green Communities Grants in Massachusetts. Significant changes and...Read More
Market Update: Natural Gas Emergence in the World Market and the Price Escalation that has Followed
Prepared by Gus Fromuth Managing Director | Founder Gus Fromuth holds a distinguished record of achievement in the energy field and is widely recognized as a pioneer in the industry. Over the course of his more than 30-year career, he founded four successful companies while driving energy market initiatives and staying true to his business philosophy of advocating...Read More
Market Update: Real-Time Electricity Prices – Winter 2021-2022
Prepared by Howard Plante Vice President | Procurement With the three-month winter period behind us, I wanted to summarize where wholesale real-time electricity prices averaged and if they lived up to the concerns we had back in the Fall. There were several factors that led to those concerns and uncertainty of what the electricity prices would be in the spot market....Read More
Market Update: Volatility and the Natural Gas Futures Market
Prepared by Sean Devine Director of Natural Gas Sales Sean Devine is Director of Natural Gas Sales and is responsible for developing specialized procurement and load management strategies for clients. Leveraging his market expertise and specialized industry knowledge, clients achieve their short- and long-term energy procurement goals. Sean’s consultative and...Read More
New Hampshire HB315: Net Metering Expanded and Community Choice Aggregation Enhanced
By: Thomas Carter and Jack Martell Location: New Hampshire After a long year of negotiations, compromise, and input from various stakeholders HB315 has been signed into law by Governor Sununu. HB315 is a big victory for advocates of net metering and community choice aggregation (CCA) as it enhances both existing programs dramatically. Read MoreMarket Update: New Hampshire Municipal Net Metering Expansion – HB 315
By Jack Martell, Renewable Program Manager Location: New Hampshire 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 and just to rate payers. Read More
Market Update: Maine NEB – An Important Initiative for the Maine Economy and Energy Future
By Jack Martell 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 users and developers from taking advantage. While the review process is...Read More
Market Update: Colonial Pipeline Outage Update
By Sean Devine 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 in many Southeast states. Colonial Pipeline has stated that they...Read MoreMarket Alert: Colonial Pipeline Cyber Attack
By Sean Devine 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 back online over the weekend and into this week....Read More