Negative Pricing In ISO-NE Market This change would benefit wind generators by allowing them to enter negatively priced bids to ensure they are dispatched.

Another recently adopted change to ISO-NE energy market pricing rules will (pending FERC final approval) affect wind power projects. Today, intermittent generators like wind projects participating in ISO's energy markets can simply bid zero ($0 per MWh) and be assured of being selected and getting paid the real-time market clearing price, a practice referred to as being a "price taker." There are times, however, when the output of all projects acting as price takers would exceed the load. In such instances, ISO-NE operators do not have a clear protocol to follow and often have made dispatch decisions that are not economically optimal. Today there is a $0 price floor on the market-clearing price for energy. ISO-NE energy markets currently do not allow generators to make negative price offers. The proposal under consideration would allow the energy price to go negative, as low as -$150/MWh. This change would benefit wind generators by allowing them to enter negatively priced bids to ensure they are dispatched.

12/11/2014 2am to 3am  -151.73

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Comment by Mike DiCenso on December 14, 2014 at 11:24pm
If it looks like Enron, walks like Enron, and smells like Enron, what else could it be?

 

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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