LNG

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New England’s Big Pipeline Myth
by Greg Cunningham

For three years now, Big Gas has been spinning tall tales aimed at scaring you and me – and especially our local politicans – into locking in our addiction to dirty, polluting natural gas for decades to come. But their hype ignores the facts and the very real progress made over the past few years to avoid price spikes, keep the lights on, and tamp down our emissions of climate-damaging pollution.

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The Final Word on Winter in New England’s Energy Markets, Part II: Why This Winter Was Different
by Christophe Courchesne

As late as last fall, many observers and traders watching the New England energy markets were predicting a repeat of last year’s very expensive winter, or worse. By January, CLF was able to post an update showing that those predictions weren’t materializing. In fact, the expected energy crisis was fizzling, with much lower wholesale power…

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As Cold Sets In, the New England Winter Energy “Crisis” Fizzles
by Christophe Courchesne

As of this writing (mid-January), we’re reaching the end of our first major cold snap here in New England, so let’s take stock of how New England’s electric system and market are faring. In short, we are doing much better than expected, to the great surprise of the many “experts” who have said we are…

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The Last Remaining LNG Site: Passamaquoddy Bay, Maine
by Sean Mahoney

For some reason, the folks behind the last remaining proposed LNG import facility on the East Coast, Downeast LNG, are still pursuing their license from FERC to build a liquefied natural gas terminal on the shores of Passamaquoddy Bay here in Maine. And even more perplexing, FERC is still willing to spend time and resources…

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Finally, Weaver’s Cove LNG throws in the towel
by Sue Reid

After nearly a decade, Weaver’s Cove Energy (WCE) finally abandoned its liquefied natural gas (“LNG”) terminal project that initially had been proposed for Fall River, MA and, more recently, for the middle of Mt. Hope Bay just off the shores of Somerset, MA.

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Calais LNG Update: Goldman Sachs Bows Out of Project
by Becky Lipson

Last Wednesday, Calais LNG delivered its second major surprise in just two weeks.  After stunning all parties by asking the Board of Environmental Protection for a last minute hearing postponement, Calais LNG announced on July 21 that its financial backer, GS Power Holdings LLC, a subsidiary of Goldman Sachs, was in the process of “selling…