Columbia Gas Plans To Add $20 to Bills
Critics say an Ohio gas utility’s plan to raise fixed costs by up to $20 a month is “obscene” and would hit ratepayers twice on top of skyrocketing fuel costs.
EIA: Natural Gas Exports Set Record
U.S. natural gas exports established a new record in 2021, averaging 10.5 billion cubic feet per day (Bcf/d). This volume was driven by record LNG exports, including significant delivery growth to Asia and Europe. Also, growing volumes of U.S. LNG have been imported into Europe to build up storage inventories in Europe, which were low…
Market Snapshot: November 14, 2022
Electricity Headlines: Forward Power Price Forward power prices were down in all regions besides ERCOT and CAISO which saw increases of 3.3%-4.1% and 3.2%-3.5%, respectively. MISO prices fell 1.3%, and PJM fell between 0.8%-.0.9% The EIA reported that U.S. electricity customers averaged seven hours of power interruptions in 2021 Weather: Outlook for November 14-20: Colder…
Ohio House Bill Six: Latest Headlines in Larry Householder Trial
Attorneys for former House Speaker Larry Householder seek to block the admittance of a deferred prosecution agreement involving FirstEnergy as evidence during his upcoming racketeering trial. #ohio #hb6 #ohioenergynews
Dominion Energy Considers Sell of Cove Point
As Dominion Energy looks to reverse several years of underperforming stocks, the utility reportedly may sell its shares in the Cove Point liquefied natural gas facility in Maryland’s Chesapeake Bay.
Energy News: DTE plan calls for early coal plant retirement, more renewables.
Detroit-based DTE Energy plans to invest $9 billion over the next decade to “drastically transform” its generation mix, including retiring its largest coal plant 12 years earlier.
NAERC Releases Roadmap For Thousands of Megawatts
The North American Electric Reliability Corp. (NAERC) releases a roadmap of steps needed to add tens of thousands of megawatts of distributed energy resources to the power system through 2031. https://www.utilitydive.com/news/nerc-warns-of-cybersecurity-reliability-risks-DER-strategy/635673/
ScaleCo Announces Investment and Partnership with TPI Efficiency
November 3, 2022 ScaleCo Management LLC is pleased to announce its investment in, and partnership with, Total Procurement Intelligence (“TPI Efficiency”). This is ScaleCo’s 22nd platform investment and third investment from ScaleCo Fund IV. Headquartered in Cleveland, TPI Efficiency was founded in 2009 by Mr. Roger Zona. Zona has developed TPI Efficiency into a robust…