Environmental groups claimed the Army Corps of Engineers did not assess the controversial power line rigorously enough before determining it would have ‘no significant impact’ on the environment.
energy
Posted inBusiness, Maine, News
Trump tariffs may roil Maine energy prices and lobster, lumber markets
Canada, which is Maine’s largest trading partner, could be particularly hard hit by a 25% universal tariff, as suggested by the president.
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Posted inBusiness, Maine, News
Maine still relies heavily on fossil fuels but calls zero-carbon goals ‘achievable’
A new report says electricity to heat homes and power vehicles is gaining an increasing share of Maine’s energy landscape, but petroleum dominates.
Posted inBusiness, Maine
Maine looks to battery storage for electrical power, but who would own it is unclear
CMP and Versant have argued that energy storage should not be considered generation, and that they should be able to own and control such projects.
Posted inBusiness, Maine, Politics
Gov. Mills proposes creating a Maine department of energy
The proposal would elevate the Governor’s Energy Office to a Cabinet-level department if approved by lawmakers as part of the budget.
Posted inBusiness, News
Maine Republicans take aim at public advocate nominee
GOP lawmakers say they will use Heather Sanborn’s confirmation hearing to promote their agenda to limit offshore wind and incentives for solar developers.
Posted inBusiness, Maine, News
Florida investor uses internal records to sue power company for alleged fraud
The lawsuit by NextEra shareholders includes claims the company spent dark money to oppose the New England Clean Energy Corridor transmission line through western Maine.
Posted inBusiness, Maine, News
Maine joins 9 other states to promote regional planning to boost clean energy
Cooperation between the Northeast states could help improve the region’s transmission system as more electric vehicles, building heat pumps, data centers and artificial intelligence gain ground.
Posted inBusiness, Maine, News
Energy company wants Maine to use its port instead of Sears Island for offshore wind hub
Competition for Maine’s offshore wind port is sharpening with Sprague Operating Resources proposing Mack Point as an alternative to the state’s preferred site on nearby Sears Island.
Posted inBusiness, Nation / World
How a simple fix could double the size of the U.S. electricity grid
Rewiring miles of power lines could make space for data centers, AI, and a boom in renewables.