Energy
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The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in March, matching the increase in the national index during the same time period, according to a report from the U.S. Bureau of Labor Statistics. more
Gasoline prices rose a penny in Rhode Island and Massachusetts this week, but prices in both states were lower than the national average for the first time in 10 months, according to the weekly survey by AAA Southern New England. more
The price for a gallon of gasoline averaged $3.53 in Rhode Island for the first three months of 2014, according to an analysis by GasBuddy.com. more
After dropping last week for the first time since early February, gasoline prices held steady this week in Rhode Island and rose in Massachusetts, according to the weekly survey by AAA Southern New England. more
The Coastal Resources Management Council’s Ocean Special Area Management subcommittee unanimously voted Thursday to recommend approval of Deepwater Wind’s Block Island Wind Farm at a meeting at the University of Rhode Island’s Narragansett Bay campus. more
The R.I. Division of Public Utilities and Carriers has approved the sale of Deepwater Wind’s cable transmission system for the five-turbine Block Island Wind Farm to National Grid for $9.5 million, according to an order by the state agency Wednesday. more
Gasoline prices remain dropped a penny in Rhode Island and Massachusetts this week, the first time since early February that average prices in both states showed declines, according to the weekly survey by AAA Southern New England. more
Deepwater Wind LLC, the company building what may be the first offshore U.S. wind project, is seeking a contract from the Long Island Power Authority for a proposed $1 billion wind farm off the coast of New York. more
Cape Wind and the Bank of Tokyo-Mitsubishi UFJ Ltd. have brought on Natixis and Rabobank to lead senior debt financing and contribute more than $1 billion to the wind farm project, the renewable energy developer announced Wednesday. more
The R.I. Commerce Corporation Monday approved $1.1 million in Renewable Energy Fund grants to 11 solar projects planned by businesses, housing developments and schools in the state. more
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