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When the time comes, our legislators in Augusta owe it to the Maine Climate Council to promptly and effectively act on the good and valuable work carried out by that new body this year.
The infusion of federal dollars could expand implementation further in the state, where the market has been thriving.
Competitive Energy Services’ Eben Perkins, Vice President, Consulting, spent time talking energy on Bangor’s solar-powered WERU 89.9 FM’s podcast with Producer/Host, Steve Kahl, who also serves as Professor of Science at Thomas College, where he teaches environmental and energy courses.
Look in-depth about our work with the university in our case study.
The NYMEX prompt month rose by $0.64 week-over-week to $3.99/MMBtu, an 18.9% increase. The rolling 12-month strip jumped $0.33 week-over-week to $3.83/MMBtu, a 9.3% rise. Cold weather hitting the United States will see increased demand from the residential and commercial sector.
The NEPOOL 12-month electricity strip was up 3.54% week-over-week to $64.98/MWh following an upward trend in NYMEX and basis gas prices. The 2026 calendar year strips increased, while the 2027 and 2028 strips decreased week-over-week.
Brent closed at $72.94 per barrel last week, down 2.1% week-over-week. WTI fell 2.6% week-over-week to $69.46 per barrel. The U.S. dollar reached a two-year high, and the Federal Reserve signaled that they will be slowing interest rate cuts in 2025.
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