The Energy Consumer's Bulletin- a New England energy news blog

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Larry Chretien

Executive Director of Green Energy Consumers Alliance

Soccer and Energy on a Worldwide Scale

Some of us are big soccer fans, especially when it comes to the World Cup, now being played in Brazil.  On Monday, we witnessed an excellent match between the United States and Ghana.  As Americans, we can be proud of the 2-1 victory.  But there is more to that match than just the final score.  We also learned that Ghanaians were quite stressed out about the possibility that they would be unable to watch the big game due to electricity shortages.  For them, the World Cup is the equivalent of the World Series, Stanley Cup, Super Bowl and NBA Championships all rolled into one.

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Rhode Island Sends Mixed Signals on Renewable Energy

Rhode Island was one of the first states in the country to establish a renewable energy standard, a requirement for electricity suppliers to include an increasing percentage of power from sources such as local wind turbines and solar. The standard has worked well, changing the mix that Rhode Islanders get, whether they purchase from National Grid or through a competitive supplier. The standard is scheduled to increase by 1 or 1.5% per year. However, we were disappointed in December to learn that the Public Utilities Commission (PUC), appointees of Governor Chafee, voted 2–1 to delay a scheduled increase in the state’s requirement. What it means, very simply, is less renewable energy purchased by Rhode Islanders. And that means less green power on the New England grid because generators cannot get financing to build projects unless there is sufficient demand.

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Russia, Ukraine, and Heating Oil Prices

Over the weekend, we saw how political turmoil in Ukraine was followed by Russian military action.   Today, we are seeing one result – sharply rising prices on the spot market for natural gas and oil.  Heating oil has increased over 6 cents.  Markets are responding as thousands of Russian troops solidified control over Crimea in the Ukraine. The U.S. warned Sunday that Moscow could face economic penalties unless it retreats.

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