Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense energy needs of the tech sector as they build out data centers to support artificial intelligence. Constellation expects the Unit 1 reactor at Three Mile Island near Middletown, Pennsylvania, to come back online in….
Early Bird Power Now Offers Carbon Emissions Calculations and Green Energy Solutions
At Early Bird Power, we’re excited to announce a new capability designed to help our clients take greater control of their carbon footprint. We can now calculate how much carbon and other emissions your business generates from electricity consumption, providing you with the insight necessary to make informed decisions about your energy use. Our detailed….
U.S. thermal coal exports to Asia and Africa surge as shipments to Europe fall
U.S. exports of thermal coal to Asia and Africa surged in the first half of 2024, helping to drive overall U.S. coal exports (thermal and metallurgical) to 53 million short tons (MMst) from 49 MMst in the first half of 2023. Exports of thermal coal from the United States to Asia increased by 19% (2.3….
Natural gas pipeline capacity from the Permian Basin is set to increase
Natural gas pipeline takeaway capacity in the Permian Basin will soon increase as the Matterhorn Express Pipeline, with a capacity of 2.5 billion cubic feet per day (Bcf/d), is expected to begin service this month, according to EnLink Midstream, one of the project’s stakeholders. Matterhorn (a joint venture with Whitewater, EnLink Midstream, Devon Energy, and….
Vineyard Wind Update on Damaged GE Vernova Blade
Vineyard Wind, a joint venture between Avangrid and Copenhagen Infrastructure Partners, today issued the following statement: “This morning, a significant part of the remaining GE Vernova blade detached from the turbine. Maritime crews were onsite overnight preparing to respond to this development, though current weather conditions create a difficult working environment. Despite these challenging weather….
PJM Grid Hits Record High Signal Costs of Reliable Power
The auction produced a price of $269.92/MW-day for much of the PJM footprint, compared to $28.92/MW-day for the 2024/2025 auction, which is almost nine times the price of the year before. Capacity auction prices fluctuate annually based on the need for investment in generation resources. This year’s auction procured 135,684 MW for the period of….
Biden-Harris Administration Announces New Steps to Bolster Domestic Nuclear Industry and Advance America’s Clean Energy Future
For decades, nuclear power has been the largest source of clean energy in the United States, accounting for 19% of total energy produced last year. The industry directly employs nearly 60,000 workers in good paying jobs, maintains these jobs for decades, and supports hundreds of thousands of other workers. In the midst of transformational changes….
New England utility closes import-dependent gas-fired power plant, keeps LNG import option
On May 31, Constellation Energy retired the natural gas-fired Mystic Generating Station it owned and operated. Mystic was one of the oldest U.S. electric power plants, located in Charlestown, Massachusetts, on the north side of Boston. Constellation also owns and operates the adjacent Everett liquefied natural gas (LNG) terminal, which supplied 100% of Mystic’s natural….
ElA Cuts Oil Price Estimates, Raises U.S. Natural Gas Price Forecast
The U.S. Energy Information Administration lowered its 2024 estimates for benchmark crude prices by around 4%, citing recent price declines, while raising its estimates for U.S. natural gas prices. In its monthly Short Term Energy Outlook, the ElA said Tuesday it expects spot Brent to average $84.15 a barrel in 2024, down from its previous….
Eversource Electric Basic Service Rates
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