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Energy & Utilities

  • Trustee to head bankrupt oil co.

    The Mainebiz News Staff October 28, 2009

    A U.S. Bankruptcy Court has ordered a trustee to take over operations of fuel company M.W. Sewall & Co.

    The Mainebiz News Staff October 28, 2009
  • PUC staff question CMP project

    The Mainebiz News Staff October 28, 2009

    The full scope and price tag of Central Maine Power Co.'s proposed $1.5 billion electricity transmission upgrade isn't necessary, according to the staff of the Maine Public Utilities Commission.

    The Mainebiz News Staff October 28, 2009
  • Offshore wind testing sites picked

    The Mainebiz News Staff October 27, 2009

    The Maine Department of Conservation has chosen four areas in state waters where developers may soon test offshore wind turbines.

    The Mainebiz News Staff October 27, 2009
  • CMP gets smart grid money

    The Mainebiz News Staff October 26, 2009

    Central Maine Power Co. is receiving nearly $100 million in federal stimulus money to install "smart meters" for its 600,000 customers.

    The Mainebiz News Staff October 26, 2009
  • MERC group finds compromise

    The Mainebiz News Staff October 21, 2009

    The task force charged with determining the future of Biddeford's Maine Energy Recovery Co. trash incinerator has released a plan to relocate the facility's trash processing operation outside the city.

    The Mainebiz News Staff October 21, 2009
  • Fraser may spin off Madawaska mill

    The Mainebiz News Staff October 19, 2009

    Officials of Fraser Papers are contemplating spinning off its specialty papermaking operation in Madawaska and Edmundston, N.B., into its own company as the Toronto-based corporation moves through creditor protection proceedings.

    The Mainebiz News Staff October 19, 2009
  • Gorham co. pursues biorefinery

    The Mainebiz News Staff October 19, 2009

    A company in Gorham is applying for a federal grant to help pay for a multi-million dollar demonstration project that would turn sawdust from Maine's paper mills into an inexpensive alternative to heating oil.

    The Mainebiz News Staff October 19, 2009
  • Burning drive | Matt Bell, owner, Northeast Pellets, Ashland

    October 19, 2009

    Well before a spike in oil prices threw the spotlight on wood pellets as an alternative source for heating homes, Matt Bell had already seen their promise and bet his money that demand for the renewable fuel would only grow.

    October 19, 2009
  • Better homes | A conversation with Matthew Damon, co-owner of Penobscot Home Performance in Brewer and Belfast

    October 19, 2009

    Founded: November 2008Number of employees: NoneStartup costs: $30,000Projected revenue, year one: $225,000

    October 19, 2009
  • Regional grid plan cites Maine project

    Mainebiz News Staff October 18, 2009

    A major electrical transmission upgrade in Maine is needed in order to keep the regional grid running reliably, according to a report from ISO New England.

    Mainebiz News Staff October 18, 2009
  • Portland co. buys Montana oil fields

    The Mainebiz News Staff October 15, 2009

    A global oil company based in Portland has made its first acquisition in the U.S. oil market.

    The Mainebiz News Staff October 15, 2009
  • Pellet mill planned in Houlton

    The Mainebiz News Staff October 15, 2009

    An energy company plans to build a wood pellet manufacturing facility in Houlton that could create up to 40 jobs.

    The Mainebiz News Staff October 15, 2009
  • Kibby Mnt. wind farm officially begins operations

    The Mainebiz News Staff October 15, 2009

    Power from the Kibby Mountain wind power project that goes online today is expected to meet the electrical needs of 25,000 homes.

    The Mainebiz News Staff October 15, 2009
  • UMaine lands up to $8M for wind energy project

    The Mainebiz News Staff October 14, 2009

    The University of Maine today was chosen as one of three universities to receive up to $8 million to fund its offshore wind test center, according to the U.S. Department of Energy.

    The Mainebiz News Staff October 14, 2009
  • Fast fix nears for Bangor Hydro glitch

    Carol Coultas October 14, 2009

    Bangor Hydro-Electric Co. customers who had payments mistakenly deducted twice from their online bank accounts to pay for a single bill should see the mistake resolved today or tomorrow.

    Carol Coultas October 14, 2009
  • Maine touted at energy symposium

    Carol Coultas October 13, 2009

    Former Maine Public Utilities Chairman Kurt Adams, now an executive vice president with First Wind energy company, touted the state's renewable energy policies, calling them among the best in the nation at a Portland energy symposium yesterday.

    Carol Coultas October 13, 2009

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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.