June 20, 2018  
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Blog: Escape from the Bully Agenda
Blog: Escape from the Bully Agenda
Maine has a Canadian electric connection with New Brunswick with a transfer rate up to 700 megawatts, could be 1000 megawatts if transmission constraints didn't exist.

Maine can obtain another Canadian connection with Hydro-Quebec with a transfer rate of 1200 megawatts with the NECEC project.

The combined total power from these two sources can provide most of Maine's power needs.

The power will be delivered to the ISO-NE control area. which includes all six New England states.

The bid price of this power will be considerably lower than other system generators operating in New England. However the overall price of electricity will be modified upward by the clearinghouse price, or the highest price bid that assures overall New England electricity demand is obtained. The overall New England electrical demand can be anywhere between 10,000 megawatts to 26,000 megawatts.

Thanks to Maine, the New England electricity price curve will bend downward slightly. By the numbers, it will be small as the clearinghouse price is considerably influenced by natural gas availability and spot prices.

But, Massachusetts' environmental antagonists are waging war on natural gas-fired plants, which means this fuel will lose it's price suppression effect and especially during the winter months.

Is it time for Maine to severe ties to ISO-NE and escape the overbearing, overpriced agenda forwarded by the bully states of New England?

~ Dan McKay

Posted on Monday, May 28, 2018 (Archive on Monday, June 18, 2018)
Posted by Jym St. Pierre   Contributed by Jym St. Pierre
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