The Geothermal Clean Energy Challenge provides New York facilities with the opportunity to apply for an analysis to determine whether their buildings are best suited for the installation of geothermal pumps (i.e., ground-source heat pumps) for heating and cooling of buildings, by transferring heat to or from the ground. The technology helps New Yorkers save on energy costs and reduce greenhouse gas emissions.
• Eligible entities: State and local governments, K–12 schools, colleges and universities, healthcare organizations • Eligible facilities: Buildings with heating or cooling loads of at least 1.2MM Btu per hour (100 refrigeration tons or 40,000 square feet of conditioned space for one or more buildings combined) • Applications are being accepted on a first-come, first-served basis until 75 sites are successfully enrolled in the program or March 30, 2018, whichever occurs first.
This week, the US Energy Information Administration (EIA) reported its largest storage withdrawal on record (359 Bcf). The previous record (288 Bcf) was set during the polar vortex of 2014. This week's withdrawl of 359 Bcf far exceeded most projections, with estimates ranging between 205 Bcf and 345 Bcf. Despite the record-breaking pull, markets remained largely unchained. The prompt-month is trading approximately ten cents above yesterday's close of $3.00/MMBtu, and the 12-month strip rose a penny (up to $2.84/MMBtu). ... See MoreSee Less