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NY PSC Approves New Renewable Energy Transmission Projects

Apr 14, 2022

The New York Public Service commission has approved contracts for two new transmission projects: the 1,300 MW Clean Path and the 1,250 MW Champlain Hudson Power Express. Both projects will deliver renewable power to the New York City area.

“Today’s decision is a major step forward in achieving New York State’s goal of 70% of our energy from renewable sources, while paving the way for thousands of high-quality jobs, spurring billions in economic activity, reducing our dependence on fossil fuels, and ushering in a cleaner, greener New York for all,” Governor Kath Hochul wrote in a public statement.

Here is a map of the planned transmission projects:

While the costs of the projects are partially passed along to the end users of the electricity, the PSC hopes that the influx of additional renewable power will ultimately decrease the cost of electricity supplied to end users. However, there are many factors at play when it comes to the cost of electricity (and natural gas) supply pricing. For additional thoughts on how these approvals will impact your properties, please reach out to your Stanwich Energy Account Manager to discuss, or reach out to info@stanwichenergy.com.

NY PSC Approves New Renewable Energy Transmission Projects

Apr 14, 2022 The New York Public Service commission has approved contracts for two new transmission projects: the 1,300 MW Clean Path and the 1,250 MW Champlain Hudson Power Express..

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President Biden Bans Import of Russian Oil, Natural Gas, and Coal

Mar 8, 2022

President Biden announced an Executive Order today banning all imports of Russian oil into the United States. The decision comes after Russian President Putin continues to escalate his invasion of Ukraine.

Last year, the United States imported over 700,000 barrels of crude oil and refined petroleum products. Cutting off this supply of fossil fuels is expected to greatly impact the US electricity and natural gas commodity markets, which will in turn impact utility billing around the nation. In preparation for a restricted supply, President Biden is also planning to release more than 90 million barrels of oil from the US strategic reserves in 2022.

There are many domestic and international pressures on the electricity and natural gas markets. Stanwich Energy is committed to staying on the pulse of these ever-changing drivers so that our clients are ready to capitalize on advantageous moments in these markets. If you have questions about these current affairs or would like to discuss your current electricity strategy, please reach out to your Stanwich Energy account manager or send us an email at info@stanwichenergy.com.

President Biden Bans Import of Russian Oil, Natural Gas, and Coal

Mar 8, 2022 President Biden announced an Executive Order today banning all imports of Russian oil into the United States. The decision comes after Russian President Putin continues to escalate.

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Welcome Marc Deluca to the Stanwich team!

January 17, 2022

The Stanwich team is growing! Please welcome Marc Deluca to our Energy Services division. Marc will be helping to expand our reporting capabilities and improve the efficiency of our support services.

Marc comes to Stanwich as a recent graduate of the University of Connecticut, where he completed his degree in Sociology. He has since returned to UConn, and is currently pursing a Master’s of Science Degree in Business Analytics and Project Management.

He’s excited to hit the ground running to help improve reporting services for Stanwich’s customers.

Welcome Marc Deluca to the Stanwich team!

January 17, 2022 The Stanwich team is growing! Please welcome Marc Deluca to our Energy Services division. Marc will be helping to expand our reporting capabilities and improve the efficiency.

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New York Announces Major Green Infrastructure Projects

Sep 20, 2021

New York Governor Hochul and New York City Mayor De Blasio have jointly announced two major green energy infrastructure projects that could have a large impact on the tri-state area energy markets. The initiative, if approved, will provide New York City with electricity from wind, solar, and hydroelectric plants located in upstate New York and Canada. The projects include the construction of two new transmission lines as well as new renewable energy generation sites. Upon completion, they are expected to generate approximately 18 million megawatt-hours of electricity per year, resulting in a 77 million metric ton reduction of greenhouse gas emissions over the next 15 years. This is enough renewable energy to power 2.5 million homes, and is the equivalent of removing one million cars from New York roadways.

The project is in alignment with several initiatives at both the State and City level, including the Climate Leadership and Community Protection Act (CLCPA) and OneNYC 2050, each of which set the goal of 100% clean electricity by 2040 for NY State and NYC, respectively.

The proposal also furthers state-wide economic recovery from COVID-19. The project will generate approximately 10,000 jobs statewide, as well as contribute $8.2 billion in economic development investments. These economic investments include $460 million to support the development of a clean energy workforce, public health initiatives, additional capital improvement projects, and will help improve environmental impacts associated with buildings in disadvantaged areas.

This project is a major step in reaching state-wide carbon neutrality, and increases the resilience of the electrical grid. For more information about the proposal, please see the NYC press release here. More information about the OneNYC 2050 initiative can be found here, and an outline of the Climate Leadership and Community Protection Act can be found here.

New York Announces Major Green Infrastructure Projects

Sep 20, 2021 New York Governor Hochul and New York City Mayor De Blasio have jointly announced two major green energy infrastructure projects that could have a large impact on.

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Welcome Kevin Bishopp to the Stanwich team!

July 26, 2021

The Stanwich team is growing! Please welcome Kevin Bishopp to our Energy Services division. Kevin will be helping to expand our reporting capabilities and improve the efficiency of our support services.

Kevin graduated from Binghamton University in 2014 with a degree in Environmental Studies. He comes to Stanwich with experience in the field of energy efficiency, including conducting energy audits throughout the tri-state area.

Kevin is currently studying to obtain his LEED Green Associate certification, and is looking forward to helping our customers meet all of their energy needs.

Welcome Kevin Bishopp to the Stanwich team!

July 26, 2021 The Stanwich team is growing! Please welcome Kevin Bishopp to our Energy Services division. Kevin will be helping to expand our reporting capabilities and improve the efficiency.

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Welcome Carly Lindsay to the Stanwich team!

May 24, 2021

The Stanwich team is growing! Please welcome Carly Lindsay to our Energy Services division. Carly will be helping to expand our reporting capabilities and improve the efficiency of our support services.

Carly comes to Stanwich as a recent graduate from The University of Albany. She completed her degree in Environmental Science, with minors in Business Administration and Geographic Information Science (GIS).

Carly is most passionate about two things – energy and music. She has been playing in community orchestras for more than ten years, and is delighted to be joining the Stanwich team.

Welcome Carly Lindsay to the Stanwich team!

May 24, 2021 The Stanwich team is growing! Please welcome Carly Lindsay to our Energy Services division. Carly will be helping to expand our reporting capabilities and improve the efficiency.

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