Local News
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The owner of Brayton Point Power Station will shut down the 1,530-megawatt plant as planned by June 2017, despite ISO New England’s recent ruling that Brayton Point is critical for grid stability, Boston.com reported Monday. more
Royal Bank of Scotland Group PLC set aside a further 3.1 billion pounds ($5.1 billion) to cover legal and compensation claims as the British government struggles to recoup the cost of bailing out the lender. more
Electronic Alarms, a division of American Alarm and Communications Inc., announced Monday that it has acquired AAA Custom Alarm Systems of Warwick. more
Gasoline prices fell in Rhode Island and Massachusetts this week, slightly narrowing the margin between the state and national averages, according to the weekly survey by AAA Southern New England. more
Utilidata Inc. will deploy its AdaptiVolt automated voltage and VAR optimization system on National Grid’s electric distribution circuits in Rhode Island for a pilot test of the technology, the company announced Jan. 22. more
Purchases of new homes in the U.S. fell more than forecast in December, ending the industry’s best year since 2008 on a sour note. more
The National Institutes of Health has awarded $1.3 million to University of Rhode Island researcher Wei Lu to study the application of inorganic nanoparticles in the treatment of cancer. more
Providence is among seven U.S. cities hiring aggressively in the top 10 most desirable “flexible” career fields, FlexJobs.com reported Thursday. more
Diesel futures rose for a third day as frigid weather across the U.S. Northeast boosted demand for heating fuel oil-fired power generation with supplies in the New York Harbor area at the lowest level in almost six years. more
About 800,000 people have signed up for private health plans through Obamacare in January, pushing total enrollment to 3 million as negative perceptions about the program give way to more practical needs. more
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