15% Increase in Electric Rates Predicted in New England
The U.S. is on track to see electricity prices rise this summer, with New England likely to see increases as much as 15% due to high natural gas costs.
EIA Report: Canada and US Energy Trade
EIA report: In 2021, the value of energy trade between the United States and Canada rose from 2020 lows. The details: https://www.eia.gov/todayinenergy/detail.php?id=52338
Market Snapshot for Week of May 9, 2022
Natural Gas: STORAGE WORRIES FOR NEXT WINTER CONTINUE TO INFLATE MARKET SOME RELIEF MAY BE ON THE WAY. Worries about Natural Gas Storage for Winter ‘22-’23 sent the market peaking above $9.00 last week, ever closer to a record high of $15.78 in December 2005 and the highest since 2008. The outlook does not look…
Ohio: Letter to Editor From Apex Clean Energy
The developer of a proposed utility-scale wind project in Ohio writes that the economic benefits of the proposal are getting lost in local debates over the project.
Ohio – EV Charging Growing in Columbus Suburb
A Columbus, Ohio suburb grows the number of publicly available electric vehicle charging stations through a rebate program. https://www.dispatch.com/story/news/local/communities/westerville/2022/05/04/charged-up-city-provides-more-locations-ev-owners-plug/9645459002/
Maryland Reduces Greenhouse Emissions
https://www.rtoinsider.com/articles/30046-maryland-ghg-cuts-beat-2020-goal Maryland reduced its greenhouse gas emissions by 32% from 2006 to 2020, bounding past its goal of a 25% cut by that year.
$3.1 billion in grants for EV Batteries
The Biden administration announces $3.1 billion in grants to help develop a domestic supply chain that can manufacture and recycle electric vehicles and energy storage batteries.https://www.ee news.net/articles/biden-admin-offers-3-1b-for-domestic-ev-batteries/
Falling Waters Goes Clean
Frank Lloyd Wright’s Fallingwater property in western Pennsylvania now runs entirely on clean energy after installing a solar array.
New LED Lightbulb Standards Announced
The DOE Announced New Cost-Saving Energy Efficiency Standards for Light Bulbs https://www.energy.gov/articles/biden-administration-implements-new-cost-saving-energy-efficiency-standards-light-bulbs
