Title : The Market, Energy, Political Page, Part 3, T+61 -- April 30, 2018
link : The Market, Energy, Political Page, Part 3, T+61 -- April 30, 2018
The Market, Energy, Political Page, Part 3, T+61 -- April 30, 2018
Road to New England: Bostonians see the light? Potential closure of Boston power plant raises new concerns. From The Concord Monitor.The threat by the owner of a huge gas-fired power plant near Boston to shut down unless it can make more money selling its power has added more urgency to a long debate about how to maintain the stability of the region’s power grid during winter, and how to get the six New England states to share the expense.
“The big elephant in the room is cost allocation. We’ve already said that we think this is a cost that is regional in nature. ... This is an energy shortage problem during the winter, that will affect the whole region,” said Gordon van Welie, president of ISO New England, the quasi-governmental group that oversees the region’s electric transmission system. “No one’s going to escape the effects of the problem, and so therefore we think the region as a whole should pay for this problem.”
Comment: I thought wind and solar had solved all of the energy problems for New England.
Comment: Reality sucks.
Comment: the problem is not whether there will be enough energy for New England; it's a matter of how much the middle class will be squeezed by incredibly high utility rates going forward. But, no, Beacon Street won't go dark. And Bostonians won't freeze -- but they will pay dearly for heat and light.a
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