Advertisement
HomeCollectionsEnergy Market
IN THE NEWS

Energy Market

FEATURED ARTICLES
NEWS
April 5, 2012
Gov.Martin O'Malley's offshore wind bill seems to be much ado about nothing ("A better wind bill," April 2). Offshore wind energy is so prohibitively expensive that it is not well positioned to gain major traction in the coming years. According to the Energy Information Administration's cost assessment, offshore wind is projected to be four times as expensive as advanced combined cycle natural gas in the year 2016. With the imposition of a price cap, investment is unlikely to proceed without additional state and federal subsidies, which will inevitably be financed by the taxpayer.
ARTICLES BY DATE
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | December 6, 2013
NRG Energy Inc. said Friday that it notified the region's grid operator of plans to retire all coal-fired generation units at two of its Maryland power plants, facilities that are the subject of a water-pollution suit by state regulators. NRG filed deactivation notices that would allow it to shut down the Washington-area units in May 2017, a decision hailed by environmental activists. The company blamed the impact of cheap natural gas, which has made coal a less competitive source of fuel for electricity, and the need to put in more emissions-reducing equipment if Maryland moves forward with tougher coal-plant rules under discussion.
Advertisement
BUSINESS
By Michael Dresser and Michael Dresser,SUN STAFF | March 6, 2002
Wary of changes in the marketplace, two powerful Maryland legislators want to create an oversight committee to monitor the process of electric deregulation that the General Assembly adopted in 1999 and recommend any changes that might be needed. Sen. Thomas L. Bromwell and Del. John A. Hurson said they will introduce legislation to create the panel within the next few days. Both legislators emphasized that they are not backing away from the state's deregulation plan, but want to know whether any course corrections are needed before the caps begin coming off residential electricity prices in 2004.
NEWS
April 5, 2012
Gov.Martin O'Malley's offshore wind bill seems to be much ado about nothing ("A better wind bill," April 2). Offshore wind energy is so prohibitively expensive that it is not well positioned to gain major traction in the coming years. According to the Energy Information Administration's cost assessment, offshore wind is projected to be four times as expensive as advanced combined cycle natural gas in the year 2016. With the imposition of a price cap, investment is unlikely to proceed without additional state and federal subsidies, which will inevitably be financed by the taxpayer.
BUSINESS
By Paul Adams and Paul Adams,Sun reporter | October 20, 2007
Constellation Energy Group Inc. and a coalition of large energy suppliers and buyers are preparing advertisements to counter a growing movement to re-regulate electric markets in Maryland and other states where competition is allowed. Newspaper advertisements touting the benefits of competitive electric markets will begin Monday with the aim of dissuading key lawmakers and regulators from moving back toward traditional regulation of electric utilities. The ads will initially run in the Washington market.
NEWS
By Patrick Tyler and Patrick Tyler,SUN STAFF | July 4, 2004
Some of the first residents in Maryland to have to choose an electricity provider were given only one option Thursday when energy regulation ended in Cecil and northeastern Harford counties. "They are saying that we have a choice, but there is nothing to choose from," said Dawn Wooldridge of Colora, a customer of Conectiv. Its rates will increase 10.5 percent this month. Conectiv, a power delivery company serving parts of Eastern Maryland, was fully deregulated Thursday in accordance with the federal Electric Customer Choice and Competition Act of 1999 that provides for "deregulating the generation, pricing, and supply of energy."
NEWS
By Hanah Cho and Hanah Cho,SUN STAFF | May 17, 2004
A Carroll County cooperative that pooled $3.5 million to buy electricity has been unable to lock in reasonable energy prices in a highly volatile market as Maryland moves toward deregulation in July. That means Carroll businesses and municipalities could absorb rate increases as high as 30 percent when local governments' finances are tight. The 82-member group - which includes Westminster, Sykesville, Manchester and New Windsor - sought bids last week from five energy suppliers. The bids, however, translated into rate increases of more than 30 percent, said Richard Anderson, an energy consultant for the electricity cooperative organized this year by the Carroll County Chamber of Commerce.
NEWS
By Paul Adams and Paul Adams,SUN REPORTER | January 23, 2008
Baltimore Gas & Electric's residential customers will pay an estimated 5.5 percent more for electricity starting in June, largely as a result of federal rules that are driving wholesale energy prices higher, state officials and industry experts said yesterday. The increase will add about $100 to the average customer's annual utility bill, although the amount will vary depending on usage, the state Public Service Commission said. When combined with increases imposed since rate caps expired in 2006, BGE customers will be paying 85 percent more for electricity than they were before the General Assembly approved deregulation in 1999.
NEWS
June 11, 2007
Faulty school repairs waste tax dollars The Sun and reporter Sara Neufeld should be complimented for the excellent, comprehensive reporting on faulty repairs to Baltimore's school buildings ("Work paid for, undone," June 6). Such information should definitely be brought to the attention of the public, because it is our tax money being wasted. It's difficult to comprehend how these numerous faulty repairs could have gone on for so long without routine inspections of the quality of the work.
NEWS
By Paul Adams and Paul Adams,Sun reporter | February 3, 2008
Though he's never been elected to office, Steven B. Larsen has one of the most powerful - and unenviable - jobs in state government. The chairman of the Public Service Commission has an impact on the profits of corporate giants and the pocketbooks of utility ratepayers. He also influences the political fortunes of Gov. Martin O'Malley, who appointed him last year with a mandate to fix the state's deregulated energy market. At the top of Larsen's agenda: investigating the more than 70 percent rate increase that Baltimore Gas & Electric customers received over the past two years.
BUSINESS
By Hanah Cho, The Baltimore Sun | March 12, 2012
The $245 million settlement that Baltimore's Constellation Energy Group agreed to pay is the largest of its kind to resolve allegations of market manipulation with the Federal Energy Regulatory Commission. Details of the settlement emerged Monday, the same day Chicago-based Exelon Corp. closed on its $7.9 billion takeover of Constellation. The sale creating the largest non-utility energy provider in the United States ushers Baltimore's last Fortune 500 company out of town. The New York Stock Exchange will de-list Constellation shares Tuesday.
NEWS
By James McGarry | February 16, 2011
In his State of the Union address, President Barack Obama channeled the spirits of John F. Kennedy, Ronald Reagan and Henry Ford all rolled into one in his call for America to innovate its way into future economic competitiveness. Among his bold ideas for how the U.S. can meet its upcoming challenges was the diversification of our energy portfolio, and in particular the development of our renewable energy capacity. The onus now falls on Congress to develop an equally bold plan to see that challenge through.
NEWS
By Laura Smitherman and Laura Smitherman,laura.smitherman@baltsun.com | February 20, 2009
State lawmakers, joined by advocates for seniors and consumers, called yesterday for full-scale re-regulation of Maryland's energy markets, hoping to capitalize on outrage over high winter electric bills and another possible rate increase. The proposal sets the stage for debate in the General Assembly this year over efforts to reverse what many regard as the state's failed move to deregulate markets in 1999. Legislative leaders concede that some form of re-regulation is likely, but are lining up behind a more moderate approach.
NEWS
By Paul Adams and Paul Adams,Sun reporter | February 3, 2008
Though he's never been elected to office, Steven B. Larsen has one of the most powerful - and unenviable - jobs in state government. The chairman of the Public Service Commission has an impact on the profits of corporate giants and the pocketbooks of utility ratepayers. He also influences the political fortunes of Gov. Martin O'Malley, who appointed him last year with a mandate to fix the state's deregulated energy market. At the top of Larsen's agenda: investigating the more than 70 percent rate increase that Baltimore Gas & Electric customers received over the past two years.
NEWS
By Paul Adams and Paul Adams,SUN REPORTER | January 23, 2008
Baltimore Gas & Electric's residential customers will pay an estimated 5.5 percent more for electricity starting in June, largely as a result of federal rules that are driving wholesale energy prices higher, state officials and industry experts said yesterday. The increase will add about $100 to the average customer's annual utility bill, although the amount will vary depending on usage, the state Public Service Commission said. When combined with increases imposed since rate caps expired in 2006, BGE customers will be paying 85 percent more for electricity than they were before the General Assembly approved deregulation in 1999.
BUSINESS
By Paul Adams and Paul Adams,Sun reporter | October 20, 2007
Constellation Energy Group Inc. and a coalition of large energy suppliers and buyers are preparing advertisements to counter a growing movement to re-regulate electric markets in Maryland and other states where competition is allowed. Newspaper advertisements touting the benefits of competitive electric markets will begin Monday with the aim of dissuading key lawmakers and regulators from moving back toward traditional regulation of electric utilities. The ads will initially run in the Washington market.
NEWS
By James McGarry | February 16, 2011
In his State of the Union address, President Barack Obama channeled the spirits of John F. Kennedy, Ronald Reagan and Henry Ford all rolled into one in his call for America to innovate its way into future economic competitiveness. Among his bold ideas for how the U.S. can meet its upcoming challenges was the diversification of our energy portfolio, and in particular the development of our renewable energy capacity. The onus now falls on Congress to develop an equally bold plan to see that challenge through.
NEWS
June 11, 2007
Faulty school repairs waste tax dollars The Sun and reporter Sara Neufeld should be complimented for the excellent, comprehensive reporting on faulty repairs to Baltimore's school buildings ("Work paid for, undone," June 6). Such information should definitely be brought to the attention of the public, because it is our tax money being wasted. It's difficult to comprehend how these numerous faulty repairs could have gone on for so long without routine inspections of the quality of the work.
BUSINESS
By Paul Adams and Paul Adams,SUN REPORTER | October 28, 2006
Constellation Energy Group reported yesterday a 75 percent increase in third-quarter net income, helping to blunt any investor concerns about the Baltimore-based energy company's decision this week to walk away from a $12.4 billion merger with FPL Group Inc. of Florida. The results were driven largely by the wholesale energy marketing and trading businesses that helped make Constellation an attractive acquisition target for FPL. Analysts said the higher-than-expected results may have provided the right backdrop for Constellation executives to terminate the merger.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.