by ERIC PETERS
Isn't it grand that, just perhaps — and for three whole months — gas may only cost slightly less…Continue
Berry lies about CMP being a monopoly. They are a regulated monopoly. The regulatory agency in charge of overseeing CMP and Versant is the Maine Public Utilities Commission(MPUC)
The MPUC has great powers to make sure the investor-owned utilities are transparent about their management and operating systems. Consumer-owned utilities mostly operate in a single town or city and local control is within a single municipal governing board. The MPUC has minimal say in the conduct…Continue
Added by Dan McKay on June 22, 2022 at 6:50pm — No Comments
We now have the man that set out to destroy Central Maine Power Company and wasn't going to let the ratepayer's agony of high electricity prices stop him, preparing to bleed even more money from the ratepayers as he demands total takeover of CMP AND Versant.
The wholesale (supply) price of electricity has gone so high ( + 143% above last year), that wind projects are willing to give money back in long term power purchase contracts.
Helix Wind sells half it's output to CMP customers at $36.50 per megawatt-hour while wholesale prices averaged $107.42 per megawatt hour.
Remember Walmart destroys it's competition by under selling them.
Added by Dan McKay on June 19, 2022 at 11:48am — No Comments
And Now This from the engineering group in charge of keeping the power flowing at a reasonable price, ISO-NE
"Offering efficient energy storage in modular packages, batteries can capture surplus electricity generated by wind, solar, and other resources. "
CMP bills to decrease almost 3% for home customers in July
Helix Wind, the company that acquired Kibby Mountain Wind signed a long term contract with Central Maine Power. The contract calls for the sale of 50% of the output from the wind project for $36.50 per megawatt-hour
We noted that April 2022 wholesale electric supply prices were 2.285 times the 2021 prices (More than doubled)
Maine is unique and Maine people can be a fiercely independent sort about certain things, even when committed to sharing obligations and rewards with neighboring states.
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?
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,…
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…Continue