FocusHouse Democrats pass major clean energy bill as Senate GOP mulls timeline for economic stimulus Utility Dive – July 2The House this Wednesday passed a $1.5 trillion green recovery package, the Moving Forward Act, which includes the GREEN Act, a comprehensive bill that would boost federal tax incentives for solar, storage, offshore wind, electric vehicles, and more. The GREEN Act is the latest attempt by Democrats to include clean energy aid…
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Your Weekly Jolt ? 4th of July
YOUR WEEKLY JOLT Most of us have a short work week as we celebrate the fourth of July holiday with a welcomed three-day weekend. Some firework displays have been canceled this year, but the Macy’s 4th of July Fireworks show in NYC will go on, beginning tonight. Cheers to a sparkling 4th of July holiday weekend from our crew to yours. Now for this week’s Jolt. HEATING OIL Prompt-month heating oil futures decreased 6.20% for the…
Your Weekly Jolt ? Drive-In Movies
YOUR WEEKLY JOLT Thanks to continued COVID-19 social distancing rules, many of the nation’s biggest theater chains remain closed by the governmental advisory. On the flip-side, from coast to coast, the popularity of the nation’s 305 drive-in movie theaters—many of which were built when Eisenhower and Elvis were popular—is on the rise. Even Governor Cuomo wants to fast-track the reopening of New York’s 30 or so drive-in theaters, citing the implied safety of…
Your Weekly Jolt ? Crew Dragon
YOUR WEEKLY JOLT It’s clearly the right time to head into outer space. Saturday, SpaceX’s Crew Dragon lifted off from Cape Canaveral in Florida. Talk about social distance. The two astronauts are now sitting 400 kilometers above Earth, on the International Space Station, where they will remain for 4 months. Give us a little time to try and turn things around down here. Now for this week’s Jolt. HEATING OIL Prompt-month heating oil futures decreased 1.67%…
Our Current Energy Environment with Coronavirus
The worldwide economy and energy markets have predictably been shaken by the COVID-19, widely known as the coronavirus. One with a pessimistic view would consider the energy market as yet another victim of this economic plunge; urging anyone from business owners to consumers into hoarding cash until the situation stabilizes enough that any next step isn’t too much of a risk. While this advice may be sound for many markets,…
Your Weekly Jolt ⚡ OPEC & Russia
YOUR WEEKLY JOLT The implosion of an alliance between OPEC and Russia has led to the worst one-day crash in crude prices in nearly 30 years. U.S. oil prices and global benchmark Brent Crude could have their worst day since 1991. Saudi Arabia shocked oil markets by launching a price war, trying to retake global market share after Russia refused to go along with OPEC’s efforts to rescue the oil market from a plunge in…
The Utility Deregulation Amendment: Why did it fail to get on the ballot for the 2020 election?
The 2020 elections are upon us and this year, our country will make important decisions regarding our future. One of the biggest questions supporters of energy deregulation had was: would there be an amendment on the Florida ballot that allowed for voters to approve energy choice? The drama has resolved itself in the hallowed halls of the Florida Supreme Court, recently ruling that an amendment regarding energy deregulation would not…
Which U.S. States And Cities Use The Most Electricity?
There are many who question how we can better save electricity through renewable methods, decreased consumption, or any other strategy to keep costs down. However, who the top energy-draining culprit is among the United States is often up for debate, as there is a size vs. energy efficiency debate. We’ve compiled a list of the U.S. states and cities that use the most electricity. Among states, a surprising leader in…
Your Weekly Jolt ⚡Full Week
YOUR WEEKLY JOLT It’s time to get up close and personal with the new decade, as we endeavor to climb back in the saddle for the first full work week of 2020. Sure you stepped into a vortex, like the rest of us—endless meeting requests, looming deadlines, and an overflowing inbox. On that note, while we know that our weekly Jolt won’t change your life, there is a lot to…
Renewable Energy Update – December 2019
FocusU.S. storage market rebounds as California promises big 2020 growth Greentech Media – December 3The U.S. energy storage market bounced back in the third quarter of 2019. Front-of-meter storage deployments boomed in the third quarter, up 121 percent compared to the second quarter, in keeping with the nature of a market driven by single large-scale projects. As for the behind-the-meter battery market, a decrease in commercial, industrial, and other non-residential deployments…