ISO New England report outlines power-gas concern from last winter
5/21/13 | Generation Hub
The lack of natural gas supply for power generation at certain points in the winter of 2012-2013 is a cause for concern in the ISO New England region, according to a May 20 report on first-quarter 2013 results from the ISO's Internal Market Monitor (IMM).
A combination of cold temperatures, severe weather, and high natural gas prices during two periods in the reporting period created unusual operating conditions. The IMM concluded that the system operated as expected and the markets were competitive during these extreme weather events.
Natural gas prices should stay above $4 mcf, report says
5/15/13 | Pittsburgh Business Times
Natural gas prices should remain over the $4 per thousand cubic feet mark through the end of the year, according to a new report.
Sterne Agee said in a study released Monday it was "cautiously optimistic on natural gas prices through 2013, and believe a $4-$4.50/mcf range should persist through year-end." But it also expects production to be flat or down through this year.
Making buildings 30 percent more energy efficient would save $34 billion per year
5/21/13 | Electric Light & Power
According to the findings, improving energy efficiency in buildings by 30 percent would create a $275 billion market for advanced technology, engineering and design services, and construction activity in the U.S. alone — that's larger than the total U.S. advertising market.
The energy savings would generate $34 billion per year for American businesses, net of investment expenses, that could either be passed on to consumers or used to hire more employees or invest in R&D or expanded production. Households would save an additional $23 billion per year that they could use to save for the future, invest in education, or spend on consumer goods or personal services.
Coalition of states threaten EPA with lawsuit over New Source Performance Standard delay
4/22/13 | Power Engineering
Nine states and Washington D.C. threatened to sue the U.S. Environmental Protection Agency for delaying the finalization of the New Source Performance Standards for new power plants. EPA's standards limit carbon dioxide emissions to 1,000 pounds per MWh for new power plants.
BGE seeks increased gas, electric rates
5/21/13 | The Daily Record
Baltimore Gas and Electric Co. has filed a request with the Maryland Public Service Commission to increase its gas and electricity distribution rates to its 1.2 million residential and commercial customers in Central Maryland by an average $7 a month.
The utility said it needs the increase to fund improvements to its distribution systems to enhance their safety and reliability. BGE said the proposed increases, if approved, would boost a typical residential electric bill by $4.41 per month, or approximately 4 percent.