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Energy & Utilities

  • Trust buys PPL dams for $24M

    The Mainebiz News Staff December 21, 2010

    The Penobscot River Restoration Trust has closed its $24 million purchase of three dams in eastern Maine, with plans to reopen nearly 1,000 miles of fish habitat.

    The Mainebiz News Staff December 21, 2010
  • Contractors picked for CMP project

    The Mainebiz News Staff December 21, 2010

    Central Maine Power Co. has selected three out-of-state companies as lead contractors on its $1.4 billion transmission upgrade, a project expected to add up to 1,000 new jobs.

    The Mainebiz News Staff December 21, 2010
  • Death of funding bill to impact ME projects

    The Mainebiz News Staff December 20, 2010

    A federal spending bill that was scrapped Thursday will impact funding for Maine projects, including transportation work related to a new MaineGeneral Hospital in Augusta and the University of Maine's offshore wind research.

    The Mainebiz News Staff December 20, 2010
  • Feds OK Maine & Maritimes sale

    The Mainebiz News Staff December 17, 2010

    Federal regulatory officials have given the green light to Canadian-based Emera Inc.'s acquisition of northern Maine utility Maine & Maritimes Corp., paving the way for the deal to officially close.

    The Mainebiz News Staff December 17, 2010
  • Co-op offers fishing fuel rebates

    The Mainebiz News Staff December 16, 2010

    A fishing cooperative on the verge of shutting down is offering $30,000 in fuel rebates in hopes of luring fishermen back to Maine.

    The Mainebiz News Staff December 16, 2010
  • Calais LNG pulls state application

    The Mainebiz News Staff December 15, 2010

    After delaying state review for months, Calais LNG has withdrawn its application to build a $1 billion liquefied natural gas terminal Down East.

    The Mainebiz News Staff December 15, 2010
  • Report: Greater Portland pollution equals a coal plant

    December 14, 2010

    Portland's energy bill in 2007 was $1.2 billion, with nearly half of those costs due to transportation, according to a new report by the Greater Portland Council of Governments and Clean Air-Cool Planet in Portsmouth, N.H.

    December 14, 2010
  • Power rates for small businesses to drop

    The Mainebiz News Staff December 10, 2010

    Small businesses and residents will see standard offer electricity prices decrease 6% beginning in March.

    The Mainebiz News Staff December 10, 2010
  • ORPC hires co. to install tidal power unit

    The Mainebiz News Staff December 9, 2010

    Ocean Renewable Power Co. has hired Perry Marine & Construction to install its tidal turbine unit off the coast of Eastport.

    The Mainebiz News Staff December 9, 2010
  • First Wind lines up Rollins financing

    The Mainebiz News Staff December 6, 2010

    Boston-based developer First Wind has obtained $98 million in financing for its 40-turbine Rollins Wind project currently under construction in Penobscot County.

    The Mainebiz News Staff December 6, 2010
  • ME gets $1.3M in RGGI auction

    The Mainebiz News Staff December 6, 2010

    The Regional Greenhouse Gas Initiative's 10th carbon credit auction held last week will bring $1.3 million to Maine.

    The Mainebiz News Staff December 6, 2010
  • Kibby Wind expansion gets initial OK

    The Mainebiz News Staff December 2, 2010

    Land use regulators have given initial approval to a scaled-back, 11-turbine expansion of developer TransCanada's Kibby Wind farm in northern Franklin County.

    The Mainebiz News Staff December 2, 2010
  • Another suit levied against wind farm

    The Mainebiz News Staff December 1, 2010

    A citizens' group opposed to a wind farm in Lincoln has filed another lawsuit against developer First Wind, alleging the company is violating its state permit by failing to prove it has the funds to finish the project.

    The Mainebiz News Staff December 1, 2010
  • Calais LNG requests another delay

    The Mainebiz News Staff November 29, 2010

    With a Dec. 1 deadline approaching, Calais LNG has again asked state regulators for an extension to file its completed application, the fourth extension the company has requested since July.

    The Mainebiz News Staff November 29, 2010
  • Plan to move MERC operations stalled

    The Mainebiz News Staff November 22, 2010

    Casella Waste Systems' plan to build a $15 million processing facility in Westbrook and reduce the amount of trash handled at Maine Energy Recovery Co. in Biddeford has been put on hiatus.

    The Mainebiz News Staff November 22, 2010
  • Viewpoints | Wind farm sites are the new proving ground for Maine's environmental groups

    Douglas Rooks November 15, 2010

    Maine’s wind industry is being buffeted from various quarters, perhaps the inevitable result of siting wind towers in a state prized for vast forests and recreational opportunities unparalleled in the eastern United States.

    Douglas Rooks November 15, 2010

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Today's Poll

Is your business affected by the government shutdown?
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Poll Description

Sponsored by Kennebunk Savings Bank

The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.

The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible. 

The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.

A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.

But there's growing anxiety over how a protracted shutdown would affect the economy.