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In February 2019, Maryland’s state legislature introduced Senate Bill 516. This bill was passed by the Maryland Assembly and became law in May 2019 without Governor Hogan’s signature. This new law, kn... READ MORE >

Electricity futures in PJM have decreased over the course of the summer and are favorable for making longer term purchases. Figure 1 shows electricity futures prices at the PJM West trading hub (South... READ MORE >

How much farther will natural gas prices fall? Of course, no one really knows the absolute answer to that question. But in the near-term, the answer may be $2.40/Dth. Figure 1 shows the NYMEX trading ... READ MORE >

The state of New York has been aggressive in its attempts to de-carbonize the state’s economy. Its goal is to reduce carbon dioxide emissions 40% by 2030 and 80% by 2050 relative to levels in 1990. Ev... READ MORE >

Usually, hot summer weather starts to take hold in Texas during the month of June. In most years, the temperature climbs steadily throughout that month with average temperatures at the end of June abo... READ MORE >

Consequences of Increased State Regulations of Wholesale Energy State Renewable Portfolio Standards and other renewable power regulations increase the cost of electricity and creates budget uncertaint... READ MORE >

In recent weeks, between 8 weeks and 11 Liquified Natural Gas (LNG) ships filled their tanks with LNG to transport natural gas from the Gulf of Mexico to markets abroad. On average, each ship carries ... READ MORE >

New York’s Power Spot Market Clearing Extremely Low In April 2019, Real-Time spot prices, or index prices, for electricity settled lower than typical for the month ofApril. These price trends are show... READ MORE >

Midwest and Mid-Atlantic (PJM) Inexpensive spot prices for natural gas in the Midwest and Mid-Atlantic Regions have had a material impact on the spot prices for electricity inPJM. Figure 1 illustrates... READ MORE >