Our Rate Subsidies and Tax Sucking Policies At Work: Electricity market: Pricing change can mean free power
About eight years ago ISO NE developed a scheme to allow a few large customers to buy their power directly from the grid based on prevailing rates on an hour by hour basis. During periods of low usage in Spring and Fall, these customers can "buy" power at $0 or even get a credit. This is made possible because ISO NE is MANDATED to energy from wind and solar generators and ask the reliable base load producers to reduce their input. At that point, the wind and solar can handle the power and they can practically give the power away for free because they ate getting a rate adjustment subsidy from the feds and the state . . . our tax money.
This hurts the normal producers because they have to operate anyway to provide a baseload, but hey are not selling at the going rate. In the meantime, we the regular residential and industrial customers have to continue to purchase our power at the higher price. This is a very select number of customers that participate in this scam.
This same problem is facing Germany today. They have built up their "renewable" portfolio to the level that when renewables get much above 18% the grid becomes unstable. Large factories and industrial customers must have energy they can count on, and wind and solar can't provide that. Their regular producers were losing money and their renewables were overproducing. They have resorted to sending that energy across their borders to Poland and Lithuania for almost free. Meanwhile their residential customers are having to decide whether they want to eat or pay their utility bills.
This is a direct result of our "inconvenient" religious obsession with Wind and Solar. When the rate subsidies die, they will not be able to supply except at very high rates and maybe will go away.
http://www.unionleader.com/apps/pbcs.dll/article?AID=/20170702/NEWS...
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Comment
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Comment by Dan McKay on July 3, 2017 at 7:06am
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Little is known about Power Purchase Agreements where a " Renewable Generator " passes the value of it's output to a utility for a set price.If the wholesale price goes negative, the utility finds itself in a pay for play situation, or more accurately, it's customers are stuck paying extraordinary high PPA prices with an extra surcharge brought forward by negative wholesale pricing.All this while the generator gets the PPA contract price, some as high as 9.9 cents per kilowatt-hour.
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
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(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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