Ratepayers would pick up gas pipeline tab under New England governors' proposal
Last week the price of natural gas was so high it was cheaper for PSNH to run jet-fueled generators at Merrimack Station in Bow. (COURTESY PHOTO)
In a letter to the operators of the regional power grid sent last week, they called on ISO-NE to help make their proposal a reality by imposing a new tariff on electricity generators and transmission companies, which would be passed along to consumers on electric bills.
Pipeline builders want 15- to 20-year commitments from power plant owners to purchase gas at a contracted price, while power plant owners prefer to buy mostly on the spot market to benefit from the low prices nine months of the year.
The price of natural gas was so high at one point last week that it was more economical for the ISO to call on PSNH jet-fueled generators at Merrimack Station in Bow, known in the industry as “peakers.”
The trade group representing industrial users of natural gas welcomed the initiative, but said it didn’t go far enough.
Environmentalists think the proposal may go too far toward even greater reliance on natural gas — a cleaner fossil fuel but a fossil fuel nonetheless.
“This agreement raises concerns over whether the proposed upgrades would be consistent with the rapidly changing grid and states’ climate laws and policies,” said N. Jonathan Peress, vice president and director of Clean Energy and Climate Change at the Conservation Law Foundation.
“In the letter they speak of 1,200 to 3,600 megawatts of energy needed; yet they are saying goodbye to Brayton Point and Vermont Yankee,” Fromuth said. “These are two plants that together can provide 2,300 megawatts before the region needs to burn natural gas to make electricity. Take them out of the equation, and we have even less cushion before deployment of the gas fleet.”
READER COMMENTS: 0
- Looking Back with Aurore Eaton: Manchester's Elliot Hospital grows, evolves - 0
- Looking Back with Aurore Eaton: An early challenge for the Elliot Hospital - 2
- Looking Back with Aurore Eaton: The Elliot Hospital's grand opening - 0
- Looking Back with Aurore Eaton: The start of Manchester's Elliot Hospital began with a generous gift - 0
- Aurore Eaton's Looking Back: The story of Mary and John Elliot of Manchester - 0
- Aurore Eaton's Looking Back: Murdered, Elinus Morrison is laid to rest in the Valley Cemetery - 0
- Aurore Eaton's Looking Back: A shocking Confederate raid in Vermont - 0
- Aurore Eaton's Looking Back: The Civil War comes to Elinus Morrison - 0
- Looking Back with Aurore Eaton: A Civil War tragedy - Elinus Morrison of Manchester - 0
READER COMMENTS: 0
- Mark Hayward's City Matters: Manchester's bike culture shifts into high gear - 0
- Ignoring Lyme: What are state, towns doing? - 1
- Dave D'Onofrio's Sox Beat: Red Sox makeover underway - 0
- Tom Herzig's Trackside: MacDonald has NHMS track experience - 0
- Drew Cline: Scott Brown plans to win over NH one handshake at a time - 4
- Anthony M. Kay - 0
- Walsh paces Sweeney Post past Laconia - 0
- Late rally lifts Red Sox past White Sox - 0
- On Baseball: Matinee win keeps Fisher Cats on a roll - 0
Police say Manchester woman arrested for punching ex-boyfriend during custody exchange in Walmart parking lot
132-mph street racers blow by trooper in Nashua, one of two arrested; motorcyclist arrested on I-93 doing 107 mph
Bikers say under-30 generation isn't interested, and can't afford many of the top motorcycles
Anthony M. Kay
Salem drops $50 permit for Sunday sales
Ban fireworks? Get serious
GOP criticizes Shaheen over gas tax
Sentence fragment: Coco's cuckoo release
Ayotte calls again for FCC reform