ISO-NE Market Watchers: Please Explain This Scenario

Should a wind project owner enter into a good faith sales contract for it's output by power purchase agreement with another entity and also be able to set a negative price into the wholesale real-time market ?  Isn't the power purchaser compelled to pay the wind project owner by terms of the PPA and also pay the market in this circumstance ?

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Comment by Kathy Sherman on July 6, 2016 at 1:09am
Is it really "power" purchase agreement with Harvard or purchase of the "environmental attributes" - the renewable energy certificates?
Comment by Pineo Girl on July 5, 2016 at 11:45am

The Stetson Project - AKA Evergreen I and II. One of the largest retail power purchasers from Emera Maine - To meet it's PPA with Harvard!!

Comment by Paula D Kelso on July 5, 2016 at 8:23am

Oh, what a tangled web they weave, when first they practice to deceive.

Comment by Penny Gray on July 5, 2016 at 6:50am

Should wind factory operators be allowed to purchase power from alternate sources to meet their PPA?

Comment by Jim Wiegand on July 4, 2016 at 9:33pm

Four more questions................                                                                                                                                                          Should wind farm owners be allowed to sell and trade carbon credit/offset derivatives to other polluting industries?  Should the wind industry or any affiliates be allowed to set or create carbon credit values?                                                                                                                                                                                                                                Should power purchase agreements be used to determine Production Tax credits when there is no way to actually determine if a wind project ever produced stated energy sold in the contracts?

Should owners be allowed to enter into purchase agreements for an unverifiable amount of energy energy with corporate affiliates and previous owners they still associated with?

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/

 

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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