Natural Resources

Ørsted completes acquisition of Deepwater Wind, expects to add R.I. jobs

Natural Resources 11/16/2018

PROVIDENCE – Ørsted’s acquisition of Deepwater Wind LLC for $510 million has been finalized, the Danish company announced Nov. 7. Ørsted entered into an agreement...

AN NATIONAL WEATHER SERVICE MAP of the Thursday snowstorm expected to affect the evening commute. Pink represents a Winter Storm Warning, while light purple represents a less serious Winter Weather Advisory. This map is reflective of projections as of 12:09 p.m., Thursday. The storm is expected to impact Rhode Island starting at 4 p.m. / COURTESY NATIONAL WEATHER SERVICE

Snow expected to impact Thursday evening commute

Natural Resources 11/15/2018

PROVIDENCE – The Thursday evening commute is expected to be affected by snowfall of 1 to 2 inches per hour, which will accumulate 2...

RHODE ISLAND'S seasonally adjusted unemployment rate continued to fall in October to 3.8 percent. October 2018 marks the sixth month of declines for the measure, declining 0.7 percentage points year over year. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

Steady unemployment declines continue into Oct.

Natural Resources 11/15/2018

PROVIDENCE – In its sixth month of either 0.2 or 0.1 percentage point dips, the Rhode Island seasonally adjusted unemployment rate continued its decline...

THE CLOSING OF THE BRAYTON POINT power plant by owner Energy Capital Partners is part of a projected shortfall of electricity generating capacity that ISO-New England expects will increase prices in New England for power consumers. / COURTESY DOMINION RESOURCES INC.

With demolition underway, Brayton Point rebranded for wind energy industry

Natural Resources 11/14/2018

PROVIDENCE – Once the largest coal-fired power plant in New England, the retired Brayton Point Power Station is being remodeled into a logistics port,...

THE NORTHEAST CPI rose 1.7 percent year over year in December. Among the products that saw significant increases was piped utility gas, which rose in price 4.7 percent over the year. By comparison, motor fuel in the Northeast declined 0.5 percent in price over the year. / BLOOMBERG NEWS FILE PHOTO/VINCENT MUNDY

Northeast CPI rises 2.3% in October

Natural Resources 11/14/2018

PROVIDENCE – The Northeast consumer price index increased 2.3 percent year over year, 0.2 percentage points lower than the average U.S. city growth, according...

NATURAL GAS for December delivery rose as much as 20 percent to $4.929 per million British thermal units, the highest since February 2014. / BLOOMBERG NEWS

Natural gas soars 20% in U.S. on concerns about winter supplies

Natural Resources 11/14/2018

NEW YORK - Natural gas soared the most in nine years as forecasts for lingering U.S. cold spurred concern that supplies may not be...

GREEN DEVELOPMENT has applied for height variances for three turbines in the Providence port area. The turbines would be 364 feet tall. / COURTESY GOOGLE INC.

Providence zoning board to consider 3 new 364-ft. turbines at waterfront

Natural Resources 11/13/2018

PROVIDENCE – The Providence Zoning Board of Review will consider two proposals for the construction of three wind turbines on the Providence waterfront at...

THE AVERAGE PRICE of regular gas in Rhode Island and Massachusetts declined 5 cents this week to $2.72 per gallon and $2.74 per gallon, respectively. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

R.I., Mass. gas prices drop 5 cents, most this year

Natural Resources 11/13/2018

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island declined 5 cents this week to $2.72 per gallon, the largest...

RHODE ISLAND RECEIVED nearly $2 million to prepare the state's coastlines for rising sea levels and extreme weather. /PBN FILE PHOTO/NICOLE DOTZENROD

R.I. receives $280K grant for coastal conservation work

Natural Resources 11/13/2018

PROVIDENCE – The National Fish and Wildlife Foundation and its partners have awarded $28.9 million in new grants for the restoration and protection of...