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Central Maine Power’s most recent debacle, attempting to charge solar developers millions more for grid interconnections despite signed contracts, was shocking but not surprising from a utility that has sought for decades to undermine renewable power.
Only after public outcry and a call from Gov. Janet Mills for a Maine Public Utilities Commission investigation did CMP reverse course, sending the PUC a mea culpa letter with what energy consultant and former Maine State Planning Office director Richard Silkman called a “very telling juxtaposition.”
This story was originally published by The Maine Monitor.
The Maine Monitor, formerly known as Pine Tree Watch, is a local journalism product published by The Maine Center for Public Interest Reporting, a nonpartisan, nonprofit civic news organization based in Augusta.
Central Maine Power’s most recent debacle, attempting to charge solar developers millions more for grid interconnections despite signed contracts, was shocking but not surprising from a utility that has sought for decades to undermine renewable power.
Only after public outcry and a call from Gov. Janet Mills for a Maine Public Utilities Commission investigation did CMP reverse course, sending the PUC a mea culpa letter with what energy consultant and former Maine State Planning Office director Richard Silkman called a “very telling juxtaposition.”
This story was originally published by The Maine Monitor.
The Maine Monitor, formerly known as Pine Tree Watch, is a local journalism product published by The Maine Center for Public Interest Reporting, a nonpartisan, nonprofit civic news organization based in Augusta.
11 Best Natural Gas Stocks To Buy Now
As the energy markets continue to recover following the availability of coronavirus vaccines and a decline in new COVID-19 cases, energy investors are hoping that natural gas stocks will rebound in 2021 and beyond. Natural gas stocks are linked to various volatile factors like weather, demand and global markets situation. While the demand of natural gas is expected to remain soft in the short term, the opportunity for long-term investors is huge in the industry. According to a report by EIA, total consumption of natural gas in 2021 is expected to be about 81.7 billion cubic feet per day (Bcf/d) , a decline of over 1% from 2020. The decline is mainly driven by higher gas prices. The agency also estimates that industrial consumption in the year will average 23.0 Bcf/d in 2021, up 0.4 Bcf/d from last year, thanks to the recovery in the economic activity.
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