September 2025

Key Takeaways

Brent closed at $66.68 per barrel last week, down 0.5% week-over-week. WTI fell only 1 cent week-over-week to $62.68 per barrel. Markets have remained stable as concerns of oversupply offset price risks from geopolitical tensions in Russia and the Middle East. The NYMEX prompt month decreased $0.05/MMBtu week-over-week to $2.89/MMBtu. The rolling 12-month strip increased marginally by $0.02/MMBtu week-over-week to $3.66/MMBtu. Net storage injections totaled 90 Bcf for the week ending September 12. The NEPOOL 12-month electricity strip rose by 0.77% week-over-week to $64.35 MWh. The 2026, 2027, and 2028 calendar strips all experienced minimal week-over-week increases.   


      


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ENERGY MASTER PLANNING: Create a Plan Not a Study

By Zac Bloom, Vice President, Head of Sustainability and Renewables 

An Energy Master Planning exercise can be undertaken for a multitude of reasons and at a variety of levels. Establishing a clear intent for the plan is essential to making the most of the time and money invested in the Plan. If done correctly, it should do more than diagnose today’s problems. While the future is uncertain, a good plan should provide you with a blueprint of what to build, when, and why based on your goals, constraints, and today’s energy landscape. Is your purpose....


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FIRST PITCH | CES Night at the Ballpark

Watching the Portland Seadogs take on their latest opponent has become an annual summer tradition for the CES team. This year was no exception. On Thursday, August 21, the CES team’s evening out at the ballpark began with a meal and social gathering under the tent in the Park Avenue Plaza, followed by the game and cheering on our Seadogs (and Slugger, too!), who took home the win over the Binghamton Rumble Ponies. It was a quintessential Maine summer evening with clear skies and a sizable crowd of happy onlookers. For CES, this year’s summer outing took on an extra level of sparkle as our very own Eliza Pohle, Senior Energy Analyst, tossed out the game’s first pitch, while the CES crew cheered her on from the sidelines. Great job, Eliza – and great arm! Our special thanks to the Seadogs for a memorable night all around. 


Photo by: Nina Callanan

Staff Pick | Zac Bloom

Midnight in Chernobyl: The Untold Story of the World’s Greatest Nuclear Disaster

By Adam Higginbotham


Early in the morning of April 26, 1986, Reactor Number Four of the Chernobyl Atomic Energy Station exploded, triggering one of the 20th century’s greatest disasters. In the thirty years since then, Chernobyl has become lodged in the collective nightmares of the world: shorthand for the spectral horrors of radiation poisoning, for a dangerous technology slipping its leash, for ecological fragility, and for what can happen when a dishonest and careless state endangers its citizens and the entire world. But the real story of the accident, clouded from the beginning by secrecy, propaganda, and misinformation, has long remained in dispute. Drawing on hundreds of hours of interviews conducted over the course of more than ten years, as well as letters, unpublished memoirs, and documents from recently declassified archives, Adam Higginbotham brings the disaster to life through the eyes of the men and women who witnessed it firsthand. The result is a “riveting, deeply reported reconstruction” (Los Angeles Times) and a definitive account of an event that changed history: a story that is more complex, more human, and more terrifying than the Soviet myth. “The most complete and compelling history yet” (The Christian Science Monitor), Higginbotham’s “superb, enthralling, and necessarily terrifying...extraordinary” (The New York Times) book is an indelible portrait of the lessons learned when mankind seeks to bend the natural world to his will—lessons which, in the face of climate change and other threats, remain not just vital but necessary. (An Amazon Book Review)

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