Dan McKay's Blog (1,008)

 We noted that April 2022 wholesale electric supply prices were 2.285 times the 2021 prices (More than doubled)

  ISO-NE informs us that the average wholesale price of electricity in April 2022 was $59.39 per Megawatt hour, or a 128.5% increase over April of 2021. So, what was the wholesale price of electricity in April 2021?

Paper Reviewed

Fan, X., Cao, X., Zhou, H., Hao, L., Dong, W., He, C., Xu, M., Wu, H., Wang, L., Chang, Z. and Zheng, Y. 2020. Carbon dioxide fertilization effect on plant growth under soil water stress associates with changes in stomatal traits, leaf photosynthesis, and foliar nitrogen of bell pepper (Capsicum annuum L.). Environmental and Experimental Botany 179: 104203,…

Reuters reported:

The power grid in the Central United States could be forced to impose rotating blackouts on some of the hottest…

Statement From ISO-NE, June 1.2022

"Though ISO New England expects the region to have adequate supplies of electricity this summer, conditions could force system operators to take action to maintain system reliability. ISO New England operators have many tools at their disposal to maintain the overall reliability of the power system. These well-established procedures protect the region in the event of an unexpected power plant or…

    Liz Caruso, a Connecticut import and candidate for congress in the second district, is yet another politician aiming to secure a cushy alternative energy position after successfully hoodwinking Maine citizens into rejecting a tremendous opportunity to boost electricity supply and lower electricity costs with a very insignificant downside.

     For certain, she was able to rile up a stink against CMP, enough so…

What gives? 

  The path to comfort slipped right through our hands. Electricity is great when it is just a flip of the switch away, but life can be excruciating when electricity is interrupted, especially when interruptions coincide with unbelievable high prices. 

A 2019 study by the Maine Office of the Public Advocate found that low-income households spent on average, 19 percent of their income on energy costs. With those costs now nearly double the 2019 amount, that 19 percent could be closer to 40 percent now, said state Rep. Seth Berry, D-Bowdoinham.

“That doesn’t leave you much to feed your kids,” Berry said.

In places like New England, where land value makes it expensive to build new facilities, REC sales provide an essential revenue stream for renewable energy developers. Each REC has a price. The price is the additional amount needed per MWh by the renewable energy generator to make post-1997 projects financially feasible. By mandating this type of renewable energy, the law is ensuring increased renewable energy supply in a space where supply would not get built without a…

Con-Ed, an out of state energy company is attempting to bully the Maine PUC in accepting their terms for the construction of transmission services to Northern Maine that will hurt the ratepayers. 

  Androscoggin County Valley of Governments will use its award to help four towns –

   Town of Jay

    , Carthage , Greenwood and

   Town of Chesterville

    – develop climate planning priorities . “AVCOG serves some of the state’s most vulnerable populations , and with 72% of the Maine’s communities lacking planning staff , we applaud the Maine Won’t Wait climate action plan for identifying our work as critical in…