Boston based Vanguard Renewables, a pioneer in the food & dairy industry waste-to-energy space has been acquired by BlackRock for $700 million dollars, with a plan to invest up to an additional billion dollars in the company’s expansion, according to the Wall Street Journal this morning. The expansion plan reportedly focuses on commissioning up to 100 anaerobic digesters for renewable natural gas production across the United States by 2026.
Topics: Massachusetts, methane, Carbon Emissions, renewable energy, renewable natural gas
In March, RENEW Northeast and the American Clean Power Association (ACPA) filed a complaint with the Federal Energy Regulatory Committee (FERC) asking the agency to find that ISO New England market rules “provide undue preference to natural gas only resources” and to direct the grid operator to fix its ruled to end that preference.
Topics: Solar, natural gas, renewable energy, ferc, offshore wind
We're going to go millennial this month and talk about the ongoing controversy regarding bitcoin - not the part you're thinking about, (to the moon!) - but the controversy regarding the Carbon Footprint of digital currency, and what is seen as its "excessive" energy consumption.
Topics: china, renewable energy, tesla, bitcoin
The Biden Administation has the ambitious goal of bringing 30 gigawatts of offshore wind online by 2030, and 1.4 of those gigawatts are slated to come from the New England coast.
Topics: Massachusetts, Carbon Emissions, renewable energy, Clean Energy, offshore wind
Maine lawmakers have been pushing for the state to create the first statewide, publicly owned utility in the US. The legislation proposed in June would have created the entity (Pine Tree Power) as a nonprofit utility that would use issued bonds to purchase the asset holdings of the current suppliers (Central Maine Power & Versant). The bill passed the House but stalled in the Senate, ultimately being defeated by one vote on questions raised about how the utility would cover the shortfall in property tax revenue that would arise from the exit of the current utilities. The shortfall was estimated at $90 million dollars, which is normally paid out to cities and towns.
Topics: Utility Rates, renewable energy, maine
Friday, March 23rd, Massachusetts Governor Charlie Baker signed into law Senate Bill 9 "An Act Creating a Next Generation Roadmap for Massachusetts Climate Change Policy" that includes provisions described as "some of the most aggressive greenhouse gas emissions reductions targets in the country"
Topics: EV Charger, Massachusetts, Climate Change, Carbon Emissions, renewable energy, environmental justice
Central Maine Power's proposal for a 145 mile electricity transmission line through the Western part of the State has cleared the final regulatory hurdle. Central Maine Power (Avangrid) recieved a Presidential Permit from the US Department of Energy for their $950 million dollar "New England Clean Energy Connect" (NECEC) Project to be able to cross the Canadian Border. (As an aside, if you want to read about the project in detail their website is a great resource: NECEC )
Topics: Carbon Emissions, renewable energy, maine, hydro-electric
Controversy is brewing on the issue, of all things, of wood pellets.
Topics: Climate Change, Carbon Emissions, renewable energy
With the Oil Industry, Climate Change, and emissions top of mind after last night's Presidential Debates, we thought it was a good time to review what Massachusetts, New England, and specifically, the Oil Industry in the Northeast have been doing on emissions and climate change recently.
Topics: Massachusetts, Climate Change, renewable energy, maine
