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Energy

Prince George's County resident Shahid Allah says he doesn’t do as much long-distance driving anymore because of higher gas prices. (CAPITAL NEWS SERVICE/BRITTANY N. GADDY)
Sep 25, 2023

Oil prices have risen, making gas more expensive for drivers and helping Russia’s war chest

Oil prices have risen, meaning drivers are paying more for gasoline and truckers and farmers more for diesel.

A condenser sits on the roof during the installation of a heat pump on Jan. 20, 2023, in Denver. A bipartisan coalition of about 25 governors and the Biden administration are set to announce a pledge Sept. 21, 2023, to quadruple the number of heat pumps in U.S. homes by 2030. (AP Photo/David Zalubowski, File)
Sep 22, 2023

Governors, Biden administration push to quadruple efficient heating, AC units by 2030

Governors of 25 states, including Maryland, and the Biden administration announced a pledge to quadruple the number of heat pumps in U.S. homes by 2030.

Sep 21, 2023

Coalition urges PSC to reject proposed $602.4M BGE rate hike

A coalition called on the Maryland Public Service Commission to reject a proposed $602.4 million Baltimore Gas & Electric multi-year rate hike.

Large-scale wind development off the Atlantic coast would also have a combined economic impact for the states of $19 billion, according to a study by information and analytics company IHS Inc.
Sep 18, 2023

Offshore wind projects need federal help to get built, Moore and other governors tell Biden

Six Democratic governors are warning the Biden administration that offshore wind projects need more federal funding and planning assistance.

John Mansolillo, Northeast Marine Affairs Manager for Ørsted poses in front of a projection of the company's upcoming Maryland wind farm at the Maritime Institute of Technology and Graduate Studies. (The Daily Record/Johanna Alonso)
Sep 18, 2023

As East Coast ramps up offshore wind power projects, much remains unknown

As the U.S. races to build offshore wind power projects, much remains unknown about how the facilities could affect the environment.

Sep 6, 2023

Maryland PSC schedules final public hearing for BGE multiyear rate plan hike

The Maryland Public Service Commission has scheduled a final public comment hearing on the multiyear rate plan filed by BGE.

Cove Point LNG Terminal is an offshore liquid natural gas shipping terminal in Lusby, on the western shore of the Chesapeake Bay, and operated by BHE GT&S, a Berkshire Hathaway Energy company. (File photo)
Sep 5, 2023

Berkshire Hathaway Energy increases stake in Maryland’s Cove Point LNG

Berkshire Hathaway Energy completed the purchase of Dominion Energy’s 50% limited partnership stake in the Cove Point LNG LP business.

Aug 31, 2023

Clean energy project completed in Anne Arundel County

Officials in Anne Arundel County celebrated the completion of a solar project providing clean energy to the Bureau of Utility Operations Complex in Millersville.

Aug 30, 2023

Md. climate investor HASI expands community solar partnership

Annapolis-based HASI announced an expansion of its partnership to construct, own and operate a 250-megawatt community solar portfolio.

A rig and supply vessel are pictured in the Gulf of Mexico, off the cost of Louisiana, on April 10, 2011. The Biden administration's plan to protect an endangered species of whale by scaling back an auction of oil and gas drilling leases in the Gulf of Mexico is being challenged by the oil industry. (AP Photo/Gerald Herbert, File)
Aug 28, 2023

Energy interests and environmentalists fight Biden oil lease plan from different sides

The Biden administration's plan to scale back an auction of oil and gas drilling leases is being challenged by the oil industry, even as environmentalists try to stop the lease sale altogether.

Aug 23, 2023

Matrix Capital Markets Group facilitates sale of Mystic Oil company

Matrix Capital Markets Group Inc., an independent investment bank with offices in Baltimore, has advised Mystic Oil Company Inc. on its sale to Petroleum Marketing Group Inc.

Aug 17, 2023

Beltsville-based Infinite Power sold to CES Power

CES Power LLC acquired Infinite Power, a provider of temporary mobile power and climate control solutions based in Beltsville.

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