Summer Natural Gas Prices to Hit 20-Year Low, Reflecting Milder Weather, Higher Production: EIA

Sport prices for natural gas are projected to average $2.37 per million British thermal units from June to August this year, the lowest summer average since 1998, according to a July 18 report from the U.S. Energy Information Administration. A relatively mild weather at the start of the summer led to lower than expected gas-fired…

New York Awards Largest Offshore Wind Contract for 1.7 Gigawatts, Enacts Green New Deal

Democratic Governor Andrew Cuomo on July 18 announced the selection of two projects totaling 1.7 gigawatts in New York’s first comprehensive offshore wind solicitation. Cuomo also signed legislation, which requires a carbon-neutral power system by 2040 and codifies the state’s targets of 6 gigawatts of solar by 2025, 3 gigawatts of energy storage by 2030,…