SkiingAway t1_iwq8gdc wrote
Reply to comment by dj_narwhal in Eversource customers could face another rate hike as utility tries to lock in new contract by netnothing
Power in New England is a regional market.
Regardless of where the endpoint of the line is or where the power plant is, that doesn't mean that the power just stays in that state.
Beyond that, one of our biggest issues as a region is inadequate pipeline capacity from NY to feed our natural gas demands.
More power coming into the New England grid that isn't requiring us to burn NG to get, means it's displacing some amount of natural gas usage and reducing how bad our mismatch of demand/capacity is on the pipelines feeding the region - there's more left in the pipeline for places further into the region....like NH.
gn84 t1_iwqdbn1 wrote
NH is a net exporter of electricity. That regional market is screwing us over.
SkiingAway t1_iwqi009 wrote
Power grids are designed and structured regionally, regional markets are the result of the way you build those systems.
New England has a power grid. New Hampshire is not some piece of it that you can break off and have function by itself.
ArbitraryOrder t1_iwqwc6i wrote
Did they not see the issues with ERCOT being unable to buy power?
It is amazing how much people complain without a clue about how their suggestions would spiral completely out of control.
It's a combination of lack of technical knowledge, lack of understanding of Basic Macro and Micro Economics, Populism, Xenophobia, and nihilism about companies.
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