BDN - Bids are in to determine Maine electricity rates for 2015, but sticker shock awaits
Astute reader comment: "The mandates for green energy have everything to do with skyrocketing electricity cost. When non-dispatchable energy sources grab market share at subsidized rates they force other generators to reduce annual capacity factors. This market disruption leads to operations at below their annual economic break-even points. These operators than close their operations leaving ISO-NE short of necessary Base Load capacity. The auction for capacity payments in 2017-2018 saw prices triple to over $3 billion and ISO-NE still came up short on capacity. As long as NE keeps adding non-dispatchable green energy more merchant non-green generators will close shop and we do not have either the back-up or transmission capacity to replace the lost power. When you pick energy sources that have no reliability you pay for the stupidity".
http://bangordailynews.com/2014/12/02/the-point/bids-are-in-to-dete...
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Comment by Mike DiCenso on December 3, 2014 at 10:19pm
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If they want to play Enron games and manipulate the energy market, I will reduce my use until the price drops. If it never does, I will do without.. If the winter market drives prices up, the prices should drop sometime. Seems like the game goes two steps forward, one step back, never two steps back regardless of demand.
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Comment by Martha thacker on December 3, 2014 at 9:12am
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"Why is the cost of power going up? Most of the power supply in the region comes from natural gas generators. The fuel is also used for heat. Heating customers get first dibs on the gas in the winter, meaning the winter months leave less gas for power plants to bid on, driving up the price."
Wonder if oil and gas prices going down meant lower rates prior to the wind farm debacle? Now the excuse is home owners get first dibs. Eastern Maine Electric rates are lower and they are faster at restoring power after outages. But then it is a co-op and not foreign owned. Don't think deregulation was supposed to mean highway robbery if you can afford the campaign contrbutions.
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/
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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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