CLIMATE CHANGE is real. Also real is that each of us can act. We are at a critical moment to make lasting change, particularly in reducing greenhouse gas emissions that come from how we heat our homes and businesses. After all, building heat represents more than a quarter of total carbon emissions. EARTHDAY.ORG , the […]
Electricity
New England’s last coal-fired power plant loses key revenue source
AN AUCTION for commitments to deliver electricity to the New England power grid three years from now provides two interesting clues about the region’s energy future. First, New England’s last active coal-fired generator, Merrimack Station in Bow, New Hampshire, failed to qualify in the auction, suggesting its days may be numbered. The other big takeaway […]
Electricity prices falling, but remain high
NATIONAL GRID said its price for basic service will plummet starting May 1 but still remain above levels from a year ago. Basic service is electricity National Grid buys on behalf of customers who choose not to select their own supplier. National Grid procures the electricity through a competitive bidding process and collects no markup […]
Offshore wind industry united on pricing adjustments
MASSACHUSETTS POLICYMAKERS may be split on whether offshore wind developers should be allowed to adjust the pricing in their existing power purchase agreements to cope with changing economic conditions, but there is no disagreement – within the industry at least – that adjustments should be permitted on future contracts. In filings with the Department of […]
More renewables, not more gas, is our future
At 4:30 p.m. on a bitter, cold Christmas Eve 2022, New England’s power grid operator ISO-NE declared a capacity deficiency after gas and oil generators used during times of peak demand failed to provide sufficient energy. The failure pushed our regional power grid to the brink and put residents at risk of blackouts. Over two […]
Correcting the record on decarbonization
A RECENT COMMENTARY, “Decarbonization road map has some gaping holes” by Arnold J. Wallenstein, argues that Massachusetts must scale back its efforts to decarbonize its energy system. Unfortunately, the piece relies upon incomplete assumptions while making glaring omissions about the viability of clean energy. It glosses over the health, climate, and economic burdens imposed by […]
Fair share for the fossil fuel industry
RIGHT NOW, the fossil fuel industry is booming. A recent Reuters report said that Exxon Mobil made record annual profits in 2022, raking in $55.7 billion, exceeding its previous record of $45.2 billion in 2008. In 2018, the top 200 oil, gas, and mining companies had a combined revenue of $8 trillion – more than double […]
Pushing back against the defenders of natural gas
WE TAKE exception to Arnold Wallenstien’s recent commentary, in which he argues against a rapid transition from gas to renewable energy. First, he fails to consider the alternative to a rapid transition, which is climate chaos. He talks about “climate zealots” as if they were a fringe group who focus on exaggerated concerns and ignore reality. […]
Decarbonization road map has some gaping holes
GOV. MAURA HEALEY has gotten off to a good running start on implementing the Commonwealth’s plans to combat climate change by establishing an Office of Climate Innovation and Resilience within the governor’s office and appointing a climate chief. The state’s long range climate change plans are embodied in the “Massachusetts 2050 Decarbonization Road Map,” which […]
Avangrid seeking price relief on offshore wind, hydro projects
THE CEO of Avangrid told financial analysts on Wednesday that his company needs price relief on two of the biggest renewable projects in New England – a major wind farm off the coast of Nantucket and a transmission line carrying hydroelectricity into the region from Quebec. In his remarks, Pedro Azagra also voiced support for […]