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Energy

Thermal Scientist From Chatham Makes Forbes' 30 Under 30 Thermal Scientist From Chatham Makes Forbes' 30 Under 30
Thermal Scientist From Chatham Makes Forbes' 30 Under 30 Forbes has released its prestigious "30 Under 30" list for 2024. On it is Drew Lilley, a 28-year-old Chatham native and UPenn grad. Lilley, a thermal scientist, CEO, and co-founder of Calion Technologies, made the Energy category. "Lilley founded Calion Technologies to commercialize his doctoral research on ionocaloric heating and cooling for zero-emission refrigeration," Fobres writes.  "Ionocaloric refrigeration is an alternative to traditional vapor-compression technology, which has dominated cooling and heat pumping for over a century but accounts for a lot of CO2 emissions. Cali…
Ex-Stoneham Officer, Brother Charged In Kickback Scheme Worth Millions: Feds Ex-Stoneham Officer, Brother Charged In Kickback Scheme Worth Millions: Feds
Ex-Stoneham Officer, Brother Charged In Kickback Scheme Worth Millions: Feds A former Stoneham police officer and his brother, who owns an electrical contracting company, were charged in federal court Thursday, Jan. 26, with receiving bribes and kickbacks that earned them millions of dollars in Mass Saves contracts, authorities said.  Joseph Ponzo, 49, of Stoneham, and Christopher Ponzo, 48, of North Reading, were arrested last year on one count of wire fraud conspiracy and 12 counts of wire fraud stemming from a scheme with a Mass Save vendor, the US Attorney for Massachusetts said. They face a charge of lying to a government official, and Joseph also will be c…
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…
HEAR IT? Loud Boom Heard In West Essex From PSEG Facility In Roseland HEAR IT? Loud Boom Heard In West Essex From PSEG Facility In Roseland
Hear IT? Loud Boom Heard In West Essex From Pseg Facility In Roseland People in West Orange, Fairfield and other nearby communities reported hearing a loud noise similar to an explosion Thursday night that officials said was caused by a technical problem at a PSEG facility in Roseland.  A spokesman for the utility said there was an arc and an equipment failure at the switching station off Eisenhower Parkway shortly before 10 p.m. Power flickered momentarily but there were no service interruptions, the spokesman said.  Some residents in the area speculated online that there was an explosion or fire at the switching station, but Roseland police say th…
DV Plus - Westchester
Residents Alarmed By Proposed 23 Percent Electric Rate Hike Residents Alarmed By Proposed 23 Percent Electric Rate Hike
Residents Alarmed By Proposed 23 Percent Electric Rate Hike New York State Electric and Gas’ request to increase its electric delivery rate by nearly 23 percent next spring has angered northern Westchester residents and public officials who think the utility's service is unreliable, especially during storms. If the increase is approved, the average NYSEG monthly electrical bill is projected to rise by about $11.30 for the average residential customer. The state Public Service Commission, which will decide whether to approve NYSEG’s request for a 22.7% increase in the electric delivery rate, heard from residents, Westchester County Executive George L…
Entergy Agrees To Indian Point Energy Center Post-Shutdown Sale Entergy Agrees To Indian Point Energy Center Post-Shutdown Sale
Entergy Agrees To Indian Point Energy Center Post-Shutdown Sale Entergy Corp. agreed to sell the subsidiaries that own Indian Point Units 1, 2, and 3, located in Buchanan, to a Holtec International subsidiary for decommissioning.  The sale, which will be effective after Unit 3 has been shut down and permanently defueled, includes the transfer of the licenses, spent fuel, decommissioning liabilities, and Nuclear Decommissioning Trusts (NDT) for the three units. “The sale of Indian Point to Holtec is expected to result in the completion of decommissioning decades sooner than if the site were to remain under Entergy’s ownershi…
FOX Signs Bergen County's Jackie DeAngelis As Business Correspondent FOX Signs Bergen County's Jackie DeAngelis As Business Correspondent
FOX Signs Bergen County's Jackie DeAngelis As Business Correspondent FOX Business Network (FBN) has signed Bergen County native Jackie DeAngelis as a financial correspondent. Beginning April 22, the former CNBC reporter and anchor will cover breaking business news out of FBN’s headquarters in New York, network president Brian Jones announced. Prior to joining FBN, DeAngelis -- formerly of Alpine, Fort Lee and Englewood -- spent 13 years at CNBC as she the network’s chief energy correspondent and anchor of online commodities program, "Futures Now."  DeAngelis contributed market reports across CNBC’s daily programming as well as covered the eco…
Both Indian Point Reactors Down For First Time In 10 Years Both Indian Point Reactors Down For First Time In 10 Years
Both Indian Point Reactors Down For First Time In 10 Years Both reactors at the Indian Point nuclear power plant in Westchester were temporarily offline for the first time in years. An initial shutdown of one reactor began at approximately 3 p.m. on Friday, March 15, which lasted through the early hours of Sunday, March 24, according to Entergy. The shutdown of the reactor came while the plant’s other reactor was down for scheduled refueling. According to Entergy, while both reactors were down for several days, Indian Point was not generating power. This was the first time both reactors were shut down in a decade. A spokesperson for the Nuclear Re…
Video: Latimer Speaks Out As Con Ed Natural Gas Moratorium Takes Effect Video: Latimer Speaks Out As Con Ed Natural Gas Moratorium Takes Effect
Video: Latimer Speaks Out As Con Ed Natural Gas Moratorium Takes Effect The day Westchester County developers and elected officials have been dreading is here: the Con Edison natural gas moratorium takes effect on Friday, March 15. Last month, Con Edison announced that the demand for new gas has surpassed its limits in southern Westchester, prompting them to stop accepting new customers beginning on March 15. The announcement led to finger-pointing and panic for many Westchester officials and developers with extensive, multi-million dollar projects in the works. There have been public meetings hosted by the Public Service Comm…
Gas Prices Back On The Rise After Weeks Of Dropping Gas Prices Back On The Rise After Weeks Of Dropping
Gas Prices Back On The Rise After Weeks Of Dropping After enjoying weeks of declining gas prices at the pump, motorists in the area have seen an uptick this week, according to AAA. AAA announced that 28 states have seen gas prices rising this week, including New York and Connecticut, which each rose a cent from a week ago. Nationally, the national gas price has risen to an average of $2.33 per gallon, up six cents from a week ago. The number represents the largest one-week increase this year. In New York, the price rose to an average of $2.48 per gallon, while Connecticut drivers are paying an average of $2.46 per gallon, both among the high…
Con Ed Proposes Stiff Rate Hikes In Westchester, NYC Con Ed Proposes Stiff Rate Hikes In Westchester, NYC
Con Ed Proposes Stiff Rate Hikes In Westchester, NYC Just weeks after announcing a gas moratorium beginning in March, Con Edison has sought approval for new electricity and gas rates in 2020 that could see customers in Westchester and New York City paying nearly six percent more for services. Con Edison announced that they are seeking the rate increase “to fund infrastructure and other investments that would give customers more convenient access to clean, energy-saving products; enhance safety and reliability; and make it easier for customers to get information about their usage and service.” The proposal seeks an additional $485 million…
Public Meetings Announced To Discuss Con Edison's Westchester Gas Moratorium Public Meetings Announced To Discuss Con Edison's Westchester Gas Moratorium
Public Meetings Announced To Discuss Con Edison's Westchester Gas Moratorium The New York Public Service Commission will host public meetings in Westchester next months to discuss Con Edison’s announced gas moratorium that will begin in March. Con Ed issued an announcement last week stating that the demand for new gas has surpassed its limits in the Southern Westchester area, prompting them to stop accepting new customers in Westchester beginning in March. “The demand for natural gas in our service area has been experiencing significant growth primarily due to the construction of new buildings, the opening of new businesses, and conversions from oil to cleaner-burni…
Glen Rock PD: Thieves Steal Used Cooking Oil From Behind Restaurants Glen Rock PD: Thieves Steal Used Cooking Oil From Behind Restaurants
Glen Rock PD: Thieves Steal Used Cooking Oil From Behind Restaurants Two thieves in a white van siphoned used cooking oil that a Glen Rock shopping center owner was collecting for recycling, authorities said. The property owner told police that he collects the used oil from two restaurants that leave it in drums behind the Maple Avenue shopping center. Surveillance video shows the pair pulling around back in a white cargo van late Thursday night, getting out and removing the locks from the drums before pumping out the contents with a large hose, Lt. Frank Riggio said. Commercial recyclers buy used cooking oil, which can be refined into biofuel that burns cl…
Five Connected With Connecticut Energy Cooperative Charged With Misusing Funds Five Connected With Connecticut Energy Cooperative Charged With Misusing Funds
Five Connected With Connecticut Energy Cooperative Charged With Misusing Funds Five people connected with a southeastern Connecticut energy cooperate are facing charges for allegedly misappropriating millions of federal funds to live lavish lifestyles. Two indictments were returned in New Haven federal court charging five people connected to the Connecticut Municipal Energy Corporation (CMEEC). According to U.S. Attorney John Durham, between 2010 and 2015, CMEEC received more than $9 million from the U.S. Department of Energy. Those charged with misappropriating funds include: Drew Rankin, 57, of Columbia, who was the CEO of CMEEC; James Sullivan, 52, of Norwich, wh…
New York Gas Prices Remain Among Highest In Nation New York Gas Prices Remain Among Highest In Nation
New York Gas Prices Remain Among Highest In Nation The tristate area remains among the nation’s most expensive places to get gas, even as gas prices held relatively steady throughout the country during the Memorial Day Weekend holiday. Gas prices jumped just three cents in the past week, leading to a national average of $2.96 per gallon, with the average price in this area well over $3 per gallon. The jump comes weeks after President Donald Trump decision to withdraw the United States from the Iran nuclear deal. The average price per gallon is up 60 cents from a year ago and 15 cents from a month ago. The tristate area is still one of the m…
Actor, Activists Rally Outside Trial Of Ex-Cuomo Aide From Westchester Actor, Activists Rally Outside Trial Of Ex-Cuomo Aide From Westchester
Actor, Activists Rally Outside Trial Of Ex-Cuomo Aide From Westchester A group of activists, including actor James Cromwell, rallied outside the courthouse where Westchester resident and former Gov. Andrew Cuomo top aide Joseph Percoco’s corruption trial continues. Last year, Percoco, a South Salem resident, was indicted on corruption charges that allege he accepted more than $300,000 in bribes to benefit Competitive Power Ventures, an energy company that sought to build the power plant in the Hudson Valley, and COR Development, a real estate developer that received several sizable state projects. Cromwell, a resident of Warwick in Orange County, as well as gu…
Witness Makes 'Sopranos' Analogy In Ex-Cuomo Aide From Westchester's Trial Witness Makes 'Sopranos' Analogy In Ex-Cuomo Aide From Westchester's Trial
Witness Makes 'Sopranos' Analogy In Ex-Cuomo Aide From Westchester's Trial Powerful testimony is being made at the trial of Northern Westchester resident Joseph Percoco, a former top aide to New York Gov. Andrew Cuomo. Last year, Percoco, of South Salem, was indicted on corruption charges that allege he accepted more than $300,000 in bribes to benefit Competitive Power Ventures, an energy company that sought to build a power plant in the Hudson Valley, and COR Development, a real estate developer that received several sizable state projects. The bribes from both, which also included $90,000 a year payments to Percoco's wife, were arranged by Todd Howe, another for…
O&R Wants To Increase Gas, Electric Rates O&R Wants To Increase Gas, Electric Rates
O&R Wants To Increase Gas, Electric Rates Orange and Rockland Utilities (O&R) on Friday, Jan. 26 requested a regulatory review of its electric and natural gas delivery rates by the New York State Public Service Commission (NYSPSC). In a press statement, O&R President and CEO Robert Sanchez said, “Today’s rate review request is designed to meet the demands of a dynamic energy marketplace where customers desire more control over their energy usage and expect a more reliable and resilient system. This request achieves those goals.” Rockland County Executive Ed Day immediately questioned the timing and need for the rate increas…
Fairfield's Tetreau To Lead Regional Metro Council Fairfield's Tetreau To Lead Regional Metro Council
Fairfield's Tetreau To Lead Regional Metro Council FAIRFIELD, Conn. — First Selectman Mike Tetreau has been elected chairman of the Connecticut Metropolitan Council of Governments (MetroCOG). MetroCOG is a multi-discipline, regional planning organization with six member communities — Fairfield, Bridgeport, Easton, Trumbull, Monroe and Stratford. As one of nine planning regions in the state, MetroCOG is responsible for planning, project management, services and programs related to transportation, economic development, land use, housing, public facilities, open space, environment and energy for the region. “State and federal woes make it mor…