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Energy & Utilities

  • Galvin renews call for $50M heating aid reserve

    Chris Lisinki | State House News Service November 2, 2022

    Whenever lawmakers get around to considering a closeout budget bill, Secretary of State William Galvin wants them to bulk it up with $50 million more to help Bay Staters heat their homes this winter.

    Chris Lisinki | State House News Service November 2, 2022
  • Cornerstone Bank donates $50K for WCAC fuel assistance

    Coley Lynch November 2, 2022

    Cornerstone Bank, a community bank with 13 locations in Central Massachusetts, has donated $50,000 to the Worcester Community Action Council to support its emergency fuel fund. 

    Coley Lynch November 2, 2022
  • Voting for Best of Business awards closes on Monday

    Coley Lynch November 1, 2022

    Voting for the WBJ’s 2023 Best of Business awards, which seeks to highlight institutions throughout Central Massachusetts based on reader votes, will close this coming Monday, Nov. 14.

    Coley Lynch November 1, 2022
  • Mass. gas prices jump 19 cents from previous week

    Timothy Doyle November 1, 2022

    The average price for a gallon of regular unleaded gasoline in Massachusetts rose to $3.77 from $3.58 the previous week and up from $3.51 one month ago, according to travel association AAA Northeast.

    Timothy Doyle November 1, 2022
  • Major Mass. offshore wind project no longer viable

    Colin A. Young from State House News Service October 31, 2022

    A major offshore wind project in the Massachusetts pipeline is no longer viable and would not be able to move forward under the terms of contracts filed in May.

    Colin A. Young from State House News Service October 31, 2022
  • Battery boom: Central Mass. invests billions in the electric vehicle market

    Kevin Koczwara Updated: October 31, 2022

    The once humble battery is becoming more and more important as we try to move away from fossil fuels to power our lives, and specifically to power how we move across the earth.

    Kevin Koczwara Updated: October 31, 2022
  • Charts: Largest industries in Central Mass. and statewide, ranked by GDP

    October 31, 2022

    Real estate leads in Central Massachusetts, while professional services lead the statewide economy.

    October 31, 2022
  • New GDP shows U.S. economy bouncing back

    Michael P. Norton from State House News Service October 28, 2022

    The U.S. economy rebounded in the third quarter, growing at a 2.6% annual rate after contracting in the second quarter.

    Michael P. Norton from State House News Service October 28, 2022
  • State House protesters call for limits on solar projects

    Sam Drysdale from State House News Service October 28, 2022

    With signs proclaiming "Save Our Forests" and "Be Wise," activists from across the state convened outside the State House on Thursday afternoon before making their way to Gov. Charlie Baker's office to deliver a petition calling for a moratorium on

    Sam Drysdale from State House News Service October 28, 2022
  • Westborough EV battery recycling firm raises $300M

    Kevin Koczwara October 27, 2022

    Ascend Elements has secured $300 million in equity and debt financing, including $200 million in Series C equity investments. 

    Kevin Koczwara October 27, 2022
  • National Grid grants $405K for Central Mass. energy relief

    Kevin Koczwara October 27, 2022

    Utility company National Grid has dispersed $1 million in grants to Massachusetts nonprofits as part of its winter bill relief program for residential customers. The United Way of Central Massachusetts received $405,000 in utility assistance to hand

    Kevin Koczwara October 27, 2022
  • Dandelion Energy opens new facility in Marlborough

    Kevin Koczwara October 26, 2022

    Geothermal heating company Dandelion Energy opened its new Massachusetts base of operations on Tuesday in Marlborough.

    Kevin Koczwara October 26, 2022
  • Mass. gasoline prices drop to $3.58 per gallon

    Coley Lynch October 25, 2022

    The average price of a gallon of gasoline in Massachusetts has fallen 2 cents, down from last week’s $3.60, according to travel association AAA Northeast.

    Coley Lynch October 25, 2022
  • Ascend granted federal $480M to build Kentucky battery recycling plant

    Kevin Koczwara October 25, 2022

    Westborough electric vehicle battery recycling firm Ascend Elements has received $480 million in matching funds grant money to support the construction of the company’s new $1-billion facility in Kentucky.

    Kevin Koczwara October 25, 2022
  • Westborough EV recycling firm signs South Korean firm as key customer

    Kevin Koczwara October 13, 2022

    Westborough-based battery recycling company Ascend Elements reached an agreement with the South Korean battery company EcoPro Group to purchase recycled battery materials for EcoPro’s products.

    Kevin Koczwara October 13, 2022
  • Conn. businessman plans $18M electric vehicle education center in Sturbridge

    Kevin Koczwara October 13, 2022

    The owner of 12 convenience stores and gas stations in Connecticut plans to build a $17.5-million electric vehicle discovery center and travel stop.

    Kevin Koczwara October 13, 2022

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Today's Poll

Should Madison Properties be forced to sell its Polar Park-adjacent land?
Choices
Poll Description

When City of Worcester and Worcester Red Sox officials announced in 2018 the plan to construct the Polar Park baseball stadium in the Canal District, a key part of the economic development effort was a partnership with Boston developer Madison Properties to redevelop five properties around the ballpark into residences, hotels, and office buildings, with openings scheduled to begin in 2021 when the stadium opened.

All five of those Madison projects are significantly behind schedule and only one has come to fruition -- the high-end 228-apartment complex The Revington -- although the Canal District has seen other non-Madison developments come online, including The Cove and District 120 apartment complexes. All developments in Central Massachusetts have faced headwinds since the start of the COVID-19 pandemic, including trouble obtaining affordable financing, shortage of materials and labor, and downturns in the commercial real estate and life sciences industries.

The slow development of the Madison properties was the main reason cited by City officials for why the City's plan to not use general taxpayer funds to pay for the $160-million Polar Park has failed. Members of the City Council have gone as far as to call for one key Madison property to perhaps be seized by eminent domain to make way for a new developer.