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By William Opalka State regulators on Friday approved Public Service Company of New Hampshire’s divestiture of the Merrimack Station and other generation assets, ending a 20-year odyssey that began with the state’s Electric Utility Restructuring Act of 1996 (DE 11-250, DE 14-238). The New Hampshire Public Utilities Commission’s order approves...
By William Opalka Hydro-Quebec and Public Service Company of New Hampshire (PSNH) filed a 20-year power purchase agreement with New Hampshire regulators on Tuesday that promises to deliver at least 100 MW of energy during peak hours over the Northern Pass transmission line (DE 16-693). PSNH parent Eversource Energy hopes...
By William Opalka NEW YORK — Whether the view is from PJM, which sits atop the Utica and Marcellus shale gas formations, or ISO-NE, at the “end of the pipeline,” the so-called “dash to gas” shows no sign of abating, speakers said Friday at the Energy Bar Association Northeast Chapter’s...
By William Opalka Two generation owners on Friday petitioned FERC to block New England states’ efforts to have electric ratepayers underwrite the cost of expanded natural gas pipelines (EL16-93). NextEra Energy and Public Service Enterprise Group said the proposals by state regulators to release natural gas capacity to electric distribution...
By William Opalka The Society for the Protection of New Hampshire Forests has appealed the dismissal of its complaint against the Northern Pass transmission project to the New Hampshire Supreme Court. The Coos County Superior Court last month dismissed the group’s suit, which sought to prevent the burial of lines...
By William Opalka FERC accepted the results of ISO-NE’s 10th Forward Capacity Auction last week, again rejecting allegations of market manipulation and concluding that the prices were just and reasonable (ER16-1041). Brayton Point Wikipedia The auction, covering the 2019/20 commitment period, saw prices drop to $7.03/kW-month from last year’s $9.55/kW-month.
By Rich Heidorn Jr. NEW YORK — Organized markets are being distorted because of policymakers’ failure to price carbon, two grid operator CEOs and a former FERC and state commissioner told a New York Energy Week audience last week. “I would say that in my … 16 years, this is...
By William Opalka Staff members are recommending that the Maine Public Utilities Commission not approve natural gas pipeline capacity contracts paid for by electric and gas customers. Opponents of the Northeast Energy Direct pipeline marching in protest. (Source: PopularResistance.org) An Examiners’ Report released last week said market changes since the...
By William Opalka A New Hampshire court has dismissed a complaint by a conservation organization seeking to block development of land alongside a state highway needed to bury a section of the Northern Pass transmission line. The Coos County Superior Court said the Society for the Protection of New Hampshire...
The average real-time price of wholesale power in New England fell by more than a third last year, according to the 2015 Annual Markets Report by the Internal Market Monitor of ISO-NE. Prices dropped more than $22/MWh to $41, as the average price of natural gas fell 41% to $4.73/MMBtu...