During this year’s legislative session, the Maryland General Assembly passed the Maryland Clean Energy Jobs Act. Maryland’s governor, Larry Hogan, then had until 30 days after the legislative session (i.e., until May 30) to sign the bill, veto the bill, or take no action. By taking no action, the bill would automatically become law. The…
Read MoreLate 2008/early 2009 was an unsettling time. Bear Stearns was bailed out, Lehman Brothers went bankrupt, the housing market collapsed, credit markets were frozen, the stock market fell more than 40%, the unemployment rate was approaching 10%, and energy markets were in turmoil. The Great Recession was underway. Despite this uncertainty, during April of 2009,…
Read MoreBy Jim McDonnell and Evelyn Teel, Avalon Energy Services, LLC Compared to the rest of the United States, electricity prices in New England are high. Nothing surprising there. So, just how expensive are they? Well, it depends. And, the surprising part is which utility, in one comparison, has the lowest rates. First, some background. Eversource…
Read MorePropane is a versatile source of energy common in rural areas that are “beyond the main” of utility natural gas service. It is often used for home space and water heating and cooking, as well as for agricultural uses such as crop drying, irrigation pump fueling, space heating in green houses, pig and poultry brooding,…
Read MoreFor several years, the U.S. Geological Survey (USGS) has been investigating the potential effects of intense geomagnetic storms on electric utility infrastructure. In 2016 they concluded, “A severe geomagnetic storm could disrupt the nation’s power grid for months, potentially leading to widespread blackouts. Resulting damage and disruption from such an event could cost more than…
Read MoreAnd there is more. Avalon Energy Services is pleased to announce it will co-sponsor Bisnow’s July 26 educational networking event, “Future of Bethesda: Building the Area’s Identity & Investing in its Growth.” Topics to be discussed include: How can you capitalize on the growth promised by the Marriott headquarters and hotel? What type of tenant…
Read MoreAvalon Energy Services is pleased to announce it is co-sponsoring Bisnow’s July 24 educational networking event, “Baltimore-Washington Industrial & Logistics Forecast: How Quickly is the Market Actually Growing and Can You Capitalize on It?” Topics to be discussed include: With more and more companies adapting to an e-commerce model, are they prepared for the industrial…
Read MoreNatural gas prices remain low and below their declining 21-year trend. See graph below. The prices presented here are for delivery at the Henry Hub in Southern Louisiana. Natural gas prices in other producing areas of the US, such as Northeastern Pennsylvania, the Permian Basin, and the Williston Basin, are significantly lower. The prices here…
Read MoreONE WEEK FROM TODAY Secure your spot here: https://www.ncac-usaee.org/event-2845352 Energy Technologies and Innovations: A Disturbance in the [Market] Force Thursday, April 12, 2018, 8:30 AM to 6:00 PM The George Washington University Keynote speakers: Mark P. Mills, Senior Fellow, Manhattan Institute Gil Quiniones, President and CEO, New York Power Authority In addition to these keynote…
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