Energy
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Report: R.I., nation need infrastructure improvements
Rhode Island is a state with 87 high-hazard dams, 156 structurally deficient bridges and 6,401 public road miles - 70 percent of which are considered to be of poor or mediocre quality. more
Cape Wind secures financing for wind farm construction
Cape Wind, the company behind a planned 468-megawatt offshore wind farm in Nantucket Sound, announced today that it is one step closer to starting construction. more
| 3/19/13
Gasoline continues price drop in R.I., Mass.
Gasoline prices in the Ocean State fell 3 cents over the last week, bringing the decline in the last weeks to 7 cents per gallon of self-serve, unleaded regular, AAA Southern New England reported Monday. At $3.76 per gallon, the price of gas stands 1 cent below its level four weeks ago. more
| 3/18/13
Natural gas rises to 17-month high as cold snap extends to April
Natural gas climbed to its highest price in almost 17 months in New York on speculation that a cold start to spring will buoy demand for heating fuels. more
Schneider named CRN ‘Channel Champion’ for 20th year
Energy management company Schneider Electric was named a “Channel Champion” by CRN Magazine for the 20th consecutive year. more
| 3/14/13
Capital Properties sees profits slip slightly in 2012
Capital Properties Inc. reported a 0.9 percent drop in profit to $2.01 million, or 31 cents per share, during 2012 compared with earnings of $2.03 million, or 31 cents per share, during 2011. more
| 3/12/13
Dominion to sell Brayton Point Power Station
Power company Dominion Resources Inc. has signed a purchase and sale agreement for three merchant generator power stations to Energy Capital Partners. more
| 3/11/13
Solar project planned for North Smithfield
A solar energy project is in the formative stages on North Smithfield land where a mill once combed and scoured wool, according to Smed Blair, vice president of real estate and development for Sam-Man Realty, which owns the land. more
Chafee admits difficulty finding new EDC board candidates
Gov. Lincoln D. Chafee Monday night said he expects to nominate new members to the depleted R.I. Economic Development Corporation Board of Directors by the end of the week, but acknowledged finding candidates has been difficult. more
After 5 weeks, pump prices fall in R.I., Mass.
Gas prices in the Ocean State dropped 3 cents this week after five consecutive weeks of increases, AAA Southern New England reported Monday. more
| 3/4/13 | 1 comment
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