Does your legislator know these facts?

ISO-NE has an Open Access Transmission Tariff (OATT) which means as the grid operator it has to allow any and all types of resource generation to feed into the New England Grid, even if it is intermittent, dilute, garbage generation, etc. If there is room on the transmission system, every form of electricity is allowed.

ISO-NE allowed this because they thought an open, competitively bid pricing market would sort out the bad from the good. But, our fuckhead legislators invented the power purchase agreements to circumvent the market, added incentives to their favored generation resources ( wind and solar) and knowingly screwed the ratepayers along the way.
Does your legislator know these facts?

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Comment by Willem Post on March 30, 2022 at 7:48am

PPAs often are agreements between the VT-DPS and VT PUC and the utility on one side and the owners of heavily subsidized wind and solar projects.

One of these subsidies is a 20 year PPA contract to sell the entire production to the utility at a price high enough, so the owner has at least a 9%/y net return on his investment during those 20 years, all as determined by spreadsheets, which are NEVER made public

The owner has absolutely no risk due to market forces. He gets his money regardless.

The subsidies of the wind and solar are front-loaded, as is traditional with tax shelters, so an owner collects almost all benefits in the first 5 years, curtesy of Wall Street lobbyists whispering into the ears of US Senators, to help their families and friends, and, no surprise, screw everyone else.

AND THAT MY FRIENDS IS HOW WE FIGHT AND SACRIFICE FOR  GLOBAL WARMING

Comment by Dan McKay on March 27, 2022 at 7:08am

Power Purchase Agreements initiated in the legislative sessions which mandate the PUC to arrange contracts between CMP and Versant have all had prices about the wholesale market price. The contracts allow the investor-owned utilities to charge their ratepayers the difference between the contracted price and the wholesale price, which they do at a cost to the rate base in millions of dollars. 

Comment by Art Brigades on March 26, 2022 at 8:23pm

"Power Purchase Agreements" (PPA) are not inherently bad. They are commonplace and can be beneficial to consumers.  

But MANDATED PPAs to most-favored fad generators?  Antithetical to competition. 

The legislators have for years mandated that the PUC bids-out and enters-into PPAs with their pet wind and solar developers. 

Subsidies are one head on the government-spawned Amphisbaena. Mandates are the other head. 

In answer to your (rhetorical) closing question: no, and they don't want to know, and they wouldn't understand even if they did know. 

Legislators should stick to fixing pot holes, funding schools, cops, etc. 

Comment by Thinklike A. Mountain on March 26, 2022 at 11:58am

The Mafia studies our government to learn crime
The average Joe has figured out D.C.'s Uniparty game: take one "ruling class" dedicated to power and money and nothing more, divide that small class of swindlers into two nearly identical political parties, pretend those two criminal cabals hate each other when the opposite is true, and present the American people with a choice-in-name-only every election.
https://www.americanthinker.com/articles/2022/03/the_hostile_takeov...

Comment by Thinklike A. Mountain on March 26, 2022 at 11:48am

Victor Davis Hanson:
The prophets of the new world order sowed the wind and they will soon reap the whirlwind of an angry public worn out by elite incompetence, arrogance, and ignorance.
https://amgreatness.com/2022/03/23/the-real-reset-is-coming/

 

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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