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The infusion of federal dollars could expand implementation further in the state, where the market has been thriving.
Bowdoin recently sold its high-value, Maine-based renewable energy credits (RECs) to free up funds to buy RECs in so-called "dirtier" electrical grids and to invest in green projects and technologies that will help reduce Bowdoin’s greenhouse gasses.
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.
NYMEX prompt month futures are down week-over-week by 22 cents or 7.8% to $2.63/MMBtu. The rolling 12-month strip is down by 6% to $3.07/MMBtu. The anticipation and impact of Hurricane Milton has contributed to a weakening of NYMEX prices over the past two weeks.
The NEPOOL 12-month electricity strip was up by 0.79% week-over-week to $57.26/MWh following an increase in NYMEX gas prices. The 2025 and 2026 calendar year strips exhibited upward movement while the 2027 strip slid.
WTI closed at $68.18/barrel on Friday, down 5.20% from the week prior, while Brent closed at $71.98/barrel, down 3.37% week-over-week. Crude prices fell amid increased likely oil outputs, the path of Hurricane Helene, and Chinese economic activity.
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