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April 2025

Key Takeaways

Brent closed at $65.58 per barrel last week, down 10.9% week-over-week. WTI fell 10.6% week-over-week to $61.99 per barrel. Last Wednesday, President Trump announced reciprocal tariffs on trading partners. The NYMEX prompt month fell by $0.23 week-over-week to $3.84/MMBtu, a 5.6% decrease. The rolling 12-month strip dropped $0.23 week-over-week to $4.32/MMBtu, a 5.0 % fall. As spring brings warmer temperatures across the United States, U.S. natural gas consumption has decreased, driven primarily by lower heating demand from the residential and commercial sector. The NEPOOL 12-month electricity strip was down 2.80% week-over-week to $66.77/MWh. The 2026, 2027 and 2028 calendar year strips all decreased in price week-over-week.  





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THE PATH FORWARD: HOW THE U.S. RENEWABLE ENERGY SECTOR IS EVOLVING AMID POLICY SHIFTS

By Zac Bloom, Vice President, Head of Sustainability and Renewables and Sandy Beauregard, Director of Sustainability Services

The United States withdrew from the Paris Agreement for the first time in 2017, during President Donald Trump’s first term. This action spurred a strong response from corporations, universities, states, and municipalities to maintain the commitment to reducing global greenhouse gas emissions.... 


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SAVE THE DATE | CES Spring Virtual Seminar

Mark your calendars for the CES online spring seminar, scheduled for Wednesday, June 11, Noon – 1:00 p.m. More information on seminar topics and a formal invitation to register will follow soon. Keep an eye on your inbox!

ROAD TRIP | Vicinity District Energy Systems

On Thursday, March 27, Competitive Energy Services’ Keith Sampson, Senior Vice President, Energy Services and Zack Hallock, Senior Energy Services Advisor took a road trip together to tour Vicinity’s Cogeneration District Energy System, in Boston, MA, which has long provided reliable, resilient, and sustainable energy to the city’s premiere hospitals, universities, research facilities, and commercial buildings. District energy uses a centrally located facility or facilities to generate thermal energy (heat or hot or chilled water) for neighboring buildings that form an “energy district.” These resources are transported through underground pipes to meet the needs of communities, cities, or campuses, including colleges, hospitals, airports, and office parks. This electrification of district energy systems is playing a crucial role in helping U.S. cities achieve building decarbonization and a cleaner energy future. The tour was hosted by the Association of Facilities Engineering (AFE) Chapter 33


Pictured Left-to-Right: Zack Hallock, Keith Sampson

Staff Pick | Zac Bloom

Electrify: An Optimists Playbook for Our Clean Energy Future

By Saul Griffith


Climate change is a planetary emergency. We have to do something now—but what? Saul Griffith has a plan. In Electrify, Griffith lays out a detailed blueprint—optimistic but feasible—for fighting climate change while creating millions of new jobs and a healthier environment. Griffith's plan can be summed up simply: electrify everything. He explains exactly what it would take to transform our infrastructure, update our grid, and adapt our households to make this possible. Billionaires may contemplate escaping our worn-out planet on a private rocket ship to Mars, but the rest of us, Griffith says, will stay and fight for the future...For a world trying to bounce back from a pandemic and economic crisis, there is no other project that would create as many jobs—up to 25 million, according to one economic analysis. Is this politically possible? We can change politics along with everything else. (An excerpt from saulgriffith.com/#books)

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