Utility leader: New England headed for an energy ‘tipping point’

"The New England electricity market will rapidly worsen, requiring further out-of-market actions to adequately compensate generators in order to preserve grid reliability... State subsidies will beget reliability subsidies, driving consumer costs ever higher and doing away with future market-based investments for new or existing power generation."

By |2018-09-06T21:03:08+00:00September 6th, 2018|Energy|0 Comments

Green power gridlock: why renewable energy is no alternative

President Obama pledged that under his administration electricity prices would necessarily skyrocket -- presumably so that wind and solar could become more acceptable financially as alternatives. The problem, notes Professor Larry Bell, is that renewable energy does not work that well with the existing power grid system in the U.S. To accommodate increasing wind and solar, Germany will have to spend up to $96 billion in transmission and distribution system upgrades in the next decade. Imagine what the cost would be for the U.S., with is massively larger population and acreage.

By |2013-12-16T15:11:20+00:00December 16th, 2013|CFACT Insights|2 Comments