NE electricity rates dropped in 2015 Wholesale electric power prices in 2015 fell to the second-lowest levels since 2003, according to a new report from ISO-New England, the independent organization that manages the region’s power grid. That should mean that Vermont continues to see stable retail power rates, unlike other New England states whose rates … Continue reading NE electricity rates dropped in 2015
FERC approves Berkshire Power settlement Federal energy regulators have approved a stipulation and consent agreement under which two companies admit violations of the Federal Power Act and regulations prohibiting energy market manipulation. The case involves Berkshire Power Company LLC (Berkshire), and Power Plant Management Services LLC. Berkshire owns an approximately 245 MW natural gas-fired, combined-cycle … Continue reading FERC approves #Berkshire Power settlement
Natural gas replacing Vermont Yankee’s energy When Vermont Yankee closed at the end of 2014, it was largely with the understanding that renewable energy sources were going to take its place. According to data supplied by regional grid operator ISO New England, such has not been the case. Over the past two years, about 5 … Continue reading Natural gas replacing #Vermont_Yankee ’s energy
ISO-NE: Solar capacity expanding faster than expected New England expects to see solar capacity rise from about 1,620 MW at the end of this year, to almost 3,100 MW at the end of 2024 – about a 25% increase over last year’s final report. The draft in 2016 goes a year farther, however, predicting more … Continue reading ISO-NE: Solar capacity expanding faster than expected
Deconstructing Pilgrim: NRC design flaw dismissal only protects nuclear energy industry Earlier this month, a bold action on the part of Nuclear Regulatory Commission staff once again raised the alarm at Entergy’s troubled Pilgrim Nuclear Power Station. Seven NRC engineers documented a dangerous design flaw in nuclear reactors across the United States. Pilgrim is on … Continue reading Deconstructing #Pilgrim: NRC design flaw dismissal only protects nuclear energy industry
B.I. Wind Farm makes a little more history For the first time, ISO-New England has purchased capacity from an offshore renewable energy source: the Block Island Wind Farm. During its annual auction, ISO-New England procured 6.8 megawatts of capacity from the wind farm, which is currently under construction. ISO-New England was created in 1997 to … Continue reading B.I. Wind Farm makes a little more history
Hydro sale more than just a utility Franklin County’s connection to Connecticut River hydroelectric power is apparently going to have a Canadian accent. But the hope here is that the new owner of the properties in Gill, Erving, Montague and Northfield understands the value here. The land and river offer so much more than generating … Continue reading Hydro sale more than just a utility
PSP Investments to acquire 1.4GW hydroelectric assets in New England MONTRÉAL, Feb. 25, 2016 /PRNewswire/ – The Public Sector Pension Investment Board (“PSP Investments”), one of Canada’s largest pension investment managers, announced today that it has entered into a definitive agreement to acquire from ENGIE Group (EPA: ENGI) a New England portfolio of hydroelectric assets … Continue reading PSP Investments to acquire 1.4GW hydroelectric assets in New England
ISO-NE: Emissions rose after Vermont Yankee nuclear facility closed Nuclear plants are struggling in some areas, pressured by low natural gas prices and cheap power. But as some states consider how to handle the issue, New England’s grid operator offers an early glimpse in what could happen when nuclear generation goes offline. “Power plant emissions … Continue reading ISO-NE: Emissions rose after #Vermont_Yankee nuclear facility closed
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