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Tag Archives: New England

Upcoming nuclear plant closure could roil New England markets

HARTFORD, Conn. — The impending retirement of Massachusetts’ only nuclear power plant could roil energy markets across New England, leading to greater reliance on natural gas, driving up carbon emissions and putting more pressure on pipelines already facing bottlenecks. Pilgrim Nuclear Power Station, the only nuclear power plant in Massachusetts, announced last week it will close by June 2019 because ...

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6 Things you need to know about the Pilgrim Power Plant closure

Low natural gas prices and high costs of operations finally caught up with Massachusetts’s sole nuclear power plant. Entergy Corp., which owns the plant, announced a 2019 expiration date for the Pilgrim Power Plant in Plymouth, but the closure could come as early as 2017. Entergy President of Wholesale Commodities Bill Mohl cited a combination of poor market conditions, reduced ...

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Entergy to close Massachusetts Pilgrim nuclear plant by 201

Oct 13 (Reuters) – Entergy Corp said Tuesday it will close its Pilgrim nuclear power plant in Massachusetts no later than June 1, 2019, because of poor market conditions, reduced revenues and increased operational costs. “Market conditions and increased costs led us to reluctantly conclude that we had no option other than to shut down the plant,” Leo Denault, Entergy’s ...

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Group rallies against pipeline in Keene

About 40 people, many from Keene and towns around the region, met in Ashuelot River Park to show their opposition to a proposed pipeline through southern New Hampshire Saturday. The protesters marched down West Street holding signs with anti-pipeline slogans, cheering and giving thumbs up to the cars that honked in support. They were there, Rindge resident Patricia A. Martin ...

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Study: Lack of energy infrastructure would cripple New England

A study funded by trade groups representing the oil and natural gas industries is predicting dire consequences for New England if the region doesn’t improve its energy infrastructure by the end of the current decade. The 68-page report released Thursday was prepared for the New England Coalition for Affordable Energy, a Boston-based advocacy group. But it was sponsored by two ...

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Study: N.E. doesn’t need new pipelines

A new study commissioned by an importer of liquefied natural gas challenges the notion that new natural gas pipelines are needed for the New England market, contending that demand for the product is expected to decline and noting that the region will benefit from a diversification in power generation resources. The report, issued by Energyzt Advisors LLC and commissioned by ...

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Mild summer cuts air conditioning, lowers electricity costs

energy meter

HARTFORD, Conn. — The mild summer so far has allowed New Englanders to often turn off their air conditioners, helping cut costs with reduced demand for electricity. An abundance of natural gas and more efficient power plants have helped reduce the wholesale price of energy, a respite from soaring heating costs in the winter, said ISO-New England, the region’s grid ...

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$700-million ‘clean’ gas-fired power plant proposed in Burrillville

Invenergy says its proposed $700-million natural gas-fired power plant in Burrillville would be the most efficient generator of electricity that burns fossil fuels in New England. The plan to build the huge facility — dubbed the Clear River Energy Center — will be formally announced Tuesday at a news conference with Governor Raimondo and Michael Polsky, chief executive of Chicago-based ...

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Northeast Energy Direct Project blasted at Towanda public hearing

TOWANDA – Three speakers criticized Tennessee Gas Pipeline Co.’s proposed $5 billion Northeast Energy Direct Project at a public hearing on Tuesday in Towanda. The hearing, which was hosted by the Federal Energy Regulatory Commission, was intended to get public input on the environmental impacts of the project, which would transport Marcellus Shale natural gas to New England. Diane Ward ...

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As New England freezes, natural gas stays cheap

natural gas

NEW YORK – What a difference a year makes. Twelve months ago, tumultuous weather in the U.S. Northeast caused record natural gas price spikes and forced some power plants to shut for lack of fuel as power producers scrambled to outbid each other for scarce supplies. This February, the region has shivered through the coldest weather in 81 years, yet ...

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