SVB is a holding company containing a broker-dealer and a bank. Only the banking component appears to have failed. This is the second largest bank failure in U.S. history, and in a weakening economy, panic has set in. SVB’s downturn coincided with widespread decline in banking stocks and for good…
Dan McKay's Blog (1,022)
Governor Mills Nominates Renewable Energy Policy and Economics Expert to Maine Public Utilities Commission
Governor Janet Mills today nominated Carolyn “Carrie” Gilbert of Cape Elizabeth, an expert on renewable energy policy and economics, to serve on the Maine Public Utilities Commission (PUC).
For the past 15 years, Gilbert has worked at Daymark Energy Advisors, a leading national energy consulting firm. In her position as Managing Consultant, Gilbert provides expert advice to policymakers, regulators, developers, and commercial and industry energy users on renewable project development…
ContinueAdded by Dan McKay on March 28, 2023 at 5:37pm — 3 Comments
War over CMP corridor enters new phase – a jury trial
A trial begins April 10 that could help decide the fate of New England Clean Energy Connect, the planned 145-mile line backed by Central Maine Power Co. A jury of nine Cumberland County residents is scheduled to hear testimony about land claims related to the transmission line corridor.
A lawsuit involving more than 2 million pages of evidence will confront jurors, who must…
ContinueAdded by Dan McKay on March 27, 2023 at 6:09am — 4 Comments
Offshore Headwinds for Biden
By Allen Brooks -- March 23, 2023
Continue“Last year, every offshore wind equipment manufacturer reported substantial financial losses as raw material costs, order delays, labor problems, and antiquated manufacturing plants overwhelmed their revenue gains. Correcting these problems necessitates higher equipment prices, reduced manufacturing…
Only 9 more months of extreme mark-ups on monthly electric bills
Wholesale prices closer to normal
Low of 1.900 cents per kilowatt-hour
High of 3,569 cents per kilowatt hour
Compare these prices with the 17.631 cents per kilowatt-hour on your bill…
ContinueAdded by Dan McKay on March 24, 2023 at 5:35am — 2 Comments
Maine lawmakers consider approving the $2 billion Aroostook County power line and wind energy project, but some are concerned about unknown kilowatt hour costs. (Maine Public Radio)
This bill is asking lawmakers to speak for the DEP, the PUC, ISO-NE. FERC, the Army Corps of Engineers, the electric ratepayers and anyone concerned with the high price of electricity.
Senator Jackson has jerked the lawmakers trusted to do the people's work around long enough.…
ContinueAdded by Dan McKay on March 23, 2023 at 4:55pm — No Comments
WHO ARE THE AUGUSTA LEGISLATORS WORKING FOR?
Senator Jackson sponsors a bill seeking legislative approval for the Boston-based wind developer project and the New York based transmission developer project in Aroostook County.
As is his usual tactic, he waited to the last minute to amend his bill, so no one got to study the bill's shortcomings and, as usual, the bobblehead colleagues, including legislators, enviro-freaks, and the typical piggies…
Added by Dan McKay on March 23, 2023 at 6:10am — No Comments
New Englands' Great Leap Away From Fossil Fuels is Fizzling Out. 66% of 2026-2027 Electricity to Be Generated By Fossil Fuels
The 2026-2027 capacity auction secured commitments to provide a total of 31,370 megawatts from more than 1,200 contractors, including companies generating electricity as well as firms able to significantly reduce power consumption at peak demand periods.
Combining the non-carbon-emitting resources and those that reduce demand, the total comes to 34…
Continue
Added by Dan McKay on March 22, 2023 at 5:19pm — No Comments
REQUEST FOR APPROVAL OF A RATE CHANGE - 307 (7/30/23) PERTAINING TO CENTRAL MAINE POWER COMPANY
The Maine PUC Asks Why CMP Wants A Rate Increase.
Q. Before you lay out the specifics of CMP’s Rate Plan, please describe any circumstances that you believe provide important context.
A. The following are important contextual considerations for CMP’s Rate Plan:
- (1) Grid Needs (much of the CMP…
Added by Dan McKay on March 18, 2023 at 7:14am — No Comments
The next, great scam
A New Hampshire in-home energy storage program saved money and helped the grid
ContinueAdded by Dan McKay on March 17, 2023 at 3:15pm — 3 Comments
Grid Planning Process Prioritization Proceeding, Maine PUC
Here is a partial list of the piggies looking to plan the "New Grid"
| NextGrid We're California based, US focused and globally minded. We're on a mission to increase the deployment of distributed renewable… |
Augusta's Central Planning: Destroying the Grid
Texas’s Central Planning: Duplicating the Grid
By Robert Bradley Jr. -- March 16, 2023
“The answer to ensuring a reliable and affordable supply of electricity in Texas is not more subsidies, it is less subsidies. It is getting politicians out of the electricity business.” (Bill Peacock, below)
Economists…
ContinueGreasing the Skids, Crushing the Ratepayers
During its 2022 session, the Legislature enacted An Act Regarding Utility Accountability and Grid Planning for Maine’s Clean Energy Future, Public Law 2021, ch. 702 (Act).
Section 8 of the Act requires the Commission to initiate a proceeding once every five years to identify the priorities to be addressed in required filings by Maine’s two investor-owned electric T&D utilities…
Added by Dan McKay on March 15, 2023 at 6:13am — No Comments
King Coal: India, Japan Update
By Robert Bradley Jr. -- March 15, 2023
“In a free energy market, Solar + Wind would be whittled down to less than 1-2% of total electricity on [India’s] Grid.” (C. S. Krishandev, below)
“Yokosuka is one of the 22 new coal-fired power plants planned to be built in Japan by 2025, and it is the only coal-fired facility being constructed in Japan’s Greater Tokyo area.” (NS Energy, below)
Two…
ContinueAdded by Dan McKay on March 15, 2023 at 5:38am — No Comments
Silicon Valley Bank Provided Massive Amounts of Capital to Chinese Tech Ventures – Now Biden FDIC and Federal Reverse Are Bailing It Out – Clearly Biden Is Working for China
China is sucking on our technology and tax payments for their benefits, as well as the Biden's benefit
ContinueAdded by Dan McKay on March 13, 2023 at 6:20am — 2 Comments
Senator Jackson and His Totalitarian Co-Sponsors Reject Constitutional Law.
1:00 pm Public Hearing
LD 924, SP0395
Resolve, to Provide Legislative Approval of Northern Maine Transmission Infrastructure - President. Troy Jackson of Aroostook
…
Continue
Added by Dan McKay on March 12, 2023 at 1:11pm — 8 Comments
Joke Generation Obligates to Produce On-Call Power.
Forward Capacity Market auction basics
- The annual auction of the Forward Capacity Market is held three years before each capacity commitment period, to provide time for new resources to be developed.
- Capacity resources can include traditional power plants, renewable generation, imports, and demand resources such as load management and energy-efficiency measures.
- Resources that clear in the auction receive a monthly…
Added by Dan McKay on March 11, 2023 at 6:15am — 2 Comments
How can this be?
Two Carts, one from March 2019 and the other from March 2023
Each chart displays the wholesale supply price of electricity in New England by the hour.
Retail Supply Price of electricity in 2019 = $0.090029 per kilowatt hour
Retail Supply Price of…
ContinueLatest Blog Posts
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Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
Not yet a member?
Sign up today and lend your voice and presence to the steadily rising tide that will soon sweep the scourge of useless and wretched turbines from our beloved Maine countryside. For many of us, our little pieces of paradise have been hard won. Did the carpetbaggers think they could simply steal them from us?
We have the facts on our side. We have the truth on our side. All we need now is YOU.
“First they ignore you, then they laugh at you, then they fight you, then you win.”
-- Mahatma Gandhi
"It's not whether you get knocked down: it's whether you get up."
Vince Lombardi
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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