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The price of wholesale electricity and natural gas in N.E. increases...

PROVIDENCE – The average price of wholesale electricity in New England increased 28.3 percent year over year in 2018 to $43.54 per megawatt-hour from...
THE AVERAGE WHOLESALE price of electricity and natural gas increased 28.3 percent and 30.1 percent, respectively, from 2017 to 2018. / BLOOMBERG FILE PHOTO/DANIEL ACKER

The price of wholesale electricity and natural gas in N.E. increases...

PROVIDENCE – The average price of wholesale electricity in New England increased 28.3 percent from 2017 to 2018, from $33.94 per megawatt-hour to $43.54...

Still a place for natural gas in R.I.

Despite the considerable promise of solar, wind and other renewable-energy sources to significantly broaden the state’s power portfolio, Rhode Island’s heavy reliance on natural...
WHILE USE OF NATURAL gas is expected to rise globally, gas producers are facing resistance as governments battle climate change and wind and solar costs plunge. / BLOOMBERG NEWS

Natural gas demand threatened by battle over home hookups

NEW YORK - One of the biggest threats facing the natural gas industry is in the home. Long heralded as an ideal transition from heating...
A REPORT included with National Grid's filing with R.I. DPUC estimates that the Revolution Wind farm, in tandem with the Connecticut Revolution Wind project and the Vineyard Wind project in Massachusetts, will have a net direct and indirect cost benefit of $91.6 million over more than 20 years. The Block Island Wind Farm is seen in the photograph. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

Revolution Wind R.I. benefit projected to include Mass., Conn. projects too

PROVIDENCE – National Grid Rhode Island says that its proposed contract with Ørsted US Offshore Wind and Eversource will have a net direct and...
URGENT NEED: R.I. Department of Energy Resources Commissioner Carol Grant said the state is pursuing offshore wind and other clean- and renewable-energy sources with “a sense of urgency” in an effort to achieve a savings for the Rhode Island consumer, who is subject to the some of the nation’s highest electricity prices.
 / PBN PHOTO/RUPERT WHITELEY

‘Urgency’ grows for offshore wind projects

The stakes are rising fast in the fledgling offshore wind-energy industry, as companies jockey for position in the waters from Cape Cod to the...
NATIONAL GRID has suspended gas service to 7,100 customers on Aquidneck Island following a low-pressure gas situation Monday. Since then, Gov. Gina M. Raimondo has declared a state of emergency for Newport County and activated the National Guard to assist residents. / PBN FILE PHOTO/ELI SHERMAN

State of emergency declared after 7.1K customers without gas service on...

NEWPORT – National Grid Rhode Island has suspended gas service to 7,100 gas customers due to a transmission supply issue, mostly in the city...
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

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

NEW YORK - Natural gas soared the most in nine years as forecasts for lingering U.S. cold spurred concern that supplies may not be...
MASS. GOV. Charlie Baker declared a state of emergency following explosions and fires related to gas lines operated by Columbia Gas. Baker criticized the company's response and put Eversource Energy in charge of the recovery efforts. / BLOOMBERG NEWS FILE PHOTO/SCOTT EISEN

WCVB: Gov. Baker declares state of emergency following gas fires, puts...

PROVIDENCE – Following the gas explosions in Lawrence, Andover and North Andover, Mass. Gov. Charlie Baker has declared a state of emergency and replaced...
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