The president of New England’s largest generator association is warning of a looming “tipping point” unless regulators in the region reverse course.
Dan Dolan, the president of the New England Power Generators Association, is calling on policymakers to bring back market competition into the region’s electricity generation industry, warning that rampant government regulations and subsidies will ultimately affect grid reliability and consumer costs.
“On the current trajectory, the state of the New England electricity market will rapidly worsen, requiring further out-of-market actions to adequately compensate generators in order to preserve grid reliability,” Dolan cautioned in a Wednesday op-ed for Utility Dive. “State subsidies will beget reliability subsidies, driving consumer costs ever higher and doing away with future market-based investments for new or existing power generation.”
The New England Power Generators Association (NEPGA) is certainly immersed in the Northeast’s utility industry.
NEPGA members own and operate more than 100 power plants in the six-state region, making up 84 percent of New England’s total generation capacity.
Their fuel mix includes a wide range of different sources, including natural gas, oil, coal, nuclear, hydro and wind — all of which are subject to market intervention.
This is not the first time New England’s electricity market has been criticized.
Gordon van Welie, the president of ISO New England, in February warned of rolling blackouts because of growing fuel security issues.
Robert Powelson, a member of the Federal Energy Regulatory Commission at the time, said in April that rising electricity prices and the prospect of rolling blackouts in the region were “like a horror story.”
Residents in the six-state region that make up New England consistently pay higher rates for electricity than their peers in the rest of the U.S.
As a progressive enclave, regulators in the Northeast have prioritized emission reductions with renewable energy mandates, subsidies, and fossil fuel regulations.
NEPGA is calling on ISO New England — the region’s regulating body for electricity generators and providers — and other regulators to revitalize the market structure, allowing competition to play a greater role in setting the price of energy while ensuring enough electricity is being supplied to customers.
“The choice is straightforward: maintain reliability through a game of chicken — with plants announcing retirement only to be handed cost-of-service contracts to keep them around — or ensure opportunities for facilities to competitively bid against each other to supply needed electricity services,” Dolan continued.
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The progressives who have gained control don’t care about cost or grid reliability. They have a green agenda to implement. The average person has no idea what is happening. It isn’t until the situation gets as bad as in Australia that changes are made. In the mean time we can expect the cost of power to increase and the reliability of the grid to deteriorate in the near future.
To hard greens and deep ecologists humanity is a virus upon the earth and therefore all humans must be eliminated and go the way of the dodo why else do they support this Global Warming/Climate Change radical ideas cut off the food by disignating acres of farmland as a refuge for some dumb lizard or rat then cutting off the water over some worthless fish like the Snail Darter or Delta Smelt its all part of the WILDLANDS PROJECT of radical enviromentalists Dave Foreman founder of Earth First