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Energy & Utilities

  • Bangor Hydro hires ex-cop to curb copper, meter thefts

    October 9, 2012

    Bangor Hydro is looking to stem a tide of electric meter thefts that one company official says is a result of people attempting to cheat the system.

    October 9, 2012

  • Verso mill to generate electricity, new revenue

    October 9, 2012

    The Verso Paper Corp. mill in Bucksport is weeks away from generating electricity and a new stream of revenue it hopes will offset the company's recent losses.

    October 9, 2012

  • PUC asks Statoil for specifics on offshore wind

    October 5, 2012

    A majority of Maine's Public Utilities commissioners said they won't support an offshore wind project in the Gulf of Maine if the proposal by Statoil North America does not provide the state greater confidence that the project will reap long-term

    October 5, 2012

  • Dead River, C.N. Brown to enter electricity market

    October 5, 2012

    Two heating oil and energy companies announced Thursday that they will enter a growing market for wholesale electricity.

    October 5, 2012

  • GridSolar seeks power for Boothbay smart grid

    October 4, 2012

    Portland-based smart grid developer GridSolar announced Wednesday that it is seeking renewable energy generators in the Boothbay region to join a pilot energy project

    October 4, 2012

  • Maine falls 13 spots in energy-efficiency rankings

    October 4, 2012

    Nationally, Maine fell the furthest in energy-efficiency rankings released Wednesday by the American Council for an Energy-Efficient Economy.

    October 4, 2012

  • CMP seeks to buy its preferred stock

    October 3, 2012

    CMP Group, Inc. is looking to acquire all of the company's 6% preferred stock in Central Maine Power Company from its current shareholders.

    October 3, 2012

  • Blackstone opens Portland, Bangor 'innovation hubs'

    October 1, 2012

    Two new "innovation hubs" launched in Portland and Bangor aim to provide support to area businesses and will provide custom consulting to five companies that are developing new technologies.

    October 1, 2012

  • Washington Co. LNG foes file new complaints

    October 1, 2012

    An Eastport group has filed new objections to a proposed $600 million liquefied natural gas terminal in the Washington County community of Robbinston, according to the

    October 1, 2012

  • First Wind sets up 19 turbines at Hancock Co. site

    September 28, 2012

    First Wind subsidiary Blue Sky East has completed construction on 19 wind power turbines in eastern Hancock County and is looking to build up to 36 in the region.

    September 28, 2012

  • Natural gas co. closes Loring pipeline deal

    September 28, 2012

    The Montana-based Gas Natural Inc., which owns Penobscot Natural Gas Co., announced Thursday that it has closed on a $4.5 million lease for the 189-mile Loring pipeline, extending from Searsport to Limestone.

    September 28, 2012

  • State opts for RFP to award liquor contract

    September 28, 2012

    After pushback from lawmakers, the state will use a standard bidding process to award an estimated $378 million contract to manage the state's wholesale liquor distribution.

    September 28, 2012

  • Canadian mill to reopen with $124.5M in aid

    September 25, 2012

    A Nova Scotia mill will reopen this week after a $124.5 million government rescue that observers in Maine have said will create unfair challenges for Maine paper producers.

    September 25, 2012

  • Statoil parries, study projects 800 offshore wind jobs

    September 19, 2012

    Following skepticism from Maine's top energy official, the firm proposing a pilot project to put four floating wind turbines in the Gulf of Maine has provided the state a new study claiming that offshore commercial wind power could add more than 8

    September 19, 2012

  • Gulf Oil breaks into Maine electricity market

    September 18, 2012

    Gulf Oil has announced plans to get into the electricity business in Maine, going head-to-head with the 14-month-old Electricity Maine.

    September 18, 2012

  • LePage energy boss questions offshore wind plan

    September 17, 2012

    The LePage administration's top energy official is calling for greater state scrutiny of an offshore wind power project proposal, called

    September 17, 2012

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Today's Poll

Is your business affected by the government shutdown?
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.

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