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Energy & Utilities

  • Summit completes 68-mile natural gas pipeline

    April 18, 2014

    Summit Natural Gas of Maine has completed its 68-mile transmission pipeline that will eventually deliver natural gas to 17 communities in central Maine.

    April 18, 2014

  • IRS places liens on Great Northern Paper

    April 14, 2014

    The Internal Revenue Service has filed two liens totaling $2.49 million on companies owned by Cate Street Capital that are linked to the Great Northern Paper Co., adding additional uncertainty to the future of the East Millinocket paper mill that’

    April 14, 2014

  • Cate Street pitches payment plan to town officials

    April 11, 2014

    Cate Street Capital, the developers planning a $140 million pellet mill in Millinocket, told town officials Thursday that they plan to secure state funding next week and pay its overdue property taxes within three months.

    April 11, 2014

  • Net energy billing proposal falls to veto

    April 9, 2014

    The Legislature failed to override the governor’s veto of a bill directing state regulators to make rules requiring inves

    April 9, 2014

  • Regional biomass expo underway in Portland

    April 9, 2014

    Regional experts in alternative heating sources are gathering in Portland this week for an exposition expected to draw 1,450 people and 320 businesses from New England and New York.

    April 9, 2014

  • Court upholds order for CMP to share deposit funds

    April 9, 2014

    The Maine Supreme Judicial Court has upheld a regulatory order directing Central Maine Power Co. to share up-front deposits it gets from standard-offer customers with its electricity suppliers.

    April 9, 2014

  • DEP asks First Wind for financial assurances

    April 9, 2014

    The Maine Department of Environmental Protection is asking Boston-based wind power developer First Wind to prove it has enough money to complete four major projects in Maine worth $1 billion.

    April 9, 2014

  • Brookfield wants proof Cate Street is ‘a going concern’

    April 7, 2014

    The company supplying power to Cate Street Capital’s East Millinocket Great Northern paper mill said it needs evidence that Cate Street is financially stable before negotiating a revenue-sharing agreement for power from its three hydropower

    April 7, 2014

  • ORPC expands global reach with consulting services

    James McCarthy April 7, 2014

    A solid year's performance from its tidal power generator in Eastport has drawn plenty of acclaim for Ocean Renewable Power Co., but now the nearly 10-year-old company is courting something more than recognition: international markets.

    James McCarthy April 7, 2014

  • CMP union rejects contract extension

    April 4, 2014

    The union representing around 600 workers at Central Maine Power Co. has rejected a three-year contract extension.

    April 4, 2014

  • Verso contests report saying biomass is dirtier than coal

    April 3, 2014

    A report released Wednesday by the Partnership for Policy Integrity has identified Verso Paper

    April 3, 2014

  • Hydropower profit-sharing bill heads to LePage's desk

    April 3, 2014

    A bill to let paper mill owner Cate Street Capital negotiate a profit-sharing agreement for hydropower generated by Penobscot River dams owned by Brookfield Asset Management cleared the Legislature in unanimous votes Wednesday.

    April 3, 2014

  • Solar power advocates rally against CMP rate plan

    April 3, 2014

    The Kennebec Journal reported around two dozen solar power advocates rallied outs

    April 3, 2014

  • PUC report: Smart meters pose no health risk

    March 27, 2014

    The Maine Public Utilities Commission issued a preliminary report this week concluding that the “smart meters” installed by Central Maine Power Co. at the home or business of around 620,000 customers pose no threat to human health.

    March 27, 2014

  • Lawmakers endorse mill, hydropower bill

    March 26, 2014

    A legislative committee gave unanimous approval Tuesday to a bill that would allow East Millinocket mill owner Cate Street Capital to share profits with the hydropower producer that provides its mill discounted electricity.

    March 26, 2014

  • Anbaric, Emera to submit regional transmission line plans

    March 25, 2014

    The Wakefield, Mass.-based Anbaric Transmission LLC and Emera Inc.

    March 25, 2014

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Today's Poll

Does cruise ship season help your business?
Poll Description

Sponsored by Kennebunk Savings Bank

Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.

This week alone, Portland is set to welcome around 16,000 cruise ship passengers.

But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.

When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.

More than half of the respondents, 53%, said cruise ships benefit the overall economy.

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