February 12, 2025 ISO-NE
Increased emissions costs and supply limitations drove higher year-over-year wholesale electricity costs in the fall of 2024, according to the latest quarterly report from ISO New England’s Internal Market Monitor (IMM).
The Fall 2024 Quarterly Markets Report, which covers the period from Sept. 1 to Nov. 30, 2024, presents an assessment of each of the region’s wholesale electricity markets, based on market data, performance criteria, and independent studies.
Key findings include:
The report includes these additional insights on operating conditions and the resource mix:
Comment
Hydro plants with large reservoirs, as in Norway and Quebec, are less dependent on on the weather, whereas wind and solar are 100% dependent on the weather, and nuclear and fossil are TOTALLY independent of the weather.
We should take the subsidies away from wind and solar, because they screw up the stability of the grid, but also various support services from the tra generators to even exist on the grid.
ISO-NE gives financial preference to these wind and solar cripples, 24/7/365
One reason for the higher energy prices was reduced supply from low-cost, base
load energy supply, such as nuclear generation, net imports, and hydro.
The spread between the average day-ahead electricity price and average estimated gas and CO2 emissions cost was $10.66/MWh in Fall 2024,
Natural gas-fired generation continued to provide the largest share of energy in Fall 2024, supplying 61% of the region’s energy on average. This is the highest share for natural gas-fired generation in the study period; the increased reliance on gas results from a reduction in the share of energy provided by nuclear generation and net imports. The reduction in nuclear energy supply resulted from both planned and unplanned outages of nuclear generators throughout this season. Net imports supplied only 4% of the region’s energy on average in Fall 2024, the lowest share for net imports over the study period. Energy supply from hydro resources decreased by approximately 40% relative to the prior fall season, as a result of extended drought conditions in the region.
U.S. Sen Angus King
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 - 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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