An opinion column by Marc Brown of the New England Ratepayers Association has been published in several newspapers recently, focusing on the future reliability of our region’s energy grid in the wake of news that Vermont Yankee will close in 2014.
Mr. Brown writes…
“The Vermont Yankee announcement means that New England ratepayers will be even more beholden to the fluctuations of the natural gas markets and the intermittency of when the wind blows. More fuel diversity for reliable, affordable baseload power is needed.”
We agree and have noted on several occasions that the region’s growing dependency on natural gas, which ISO cites as the top risk factor facing the region, is a critical challenge that must be addressed through fuel diversity and the development of new sources of clean, low-cost energy, like that of the Northern Pass.
Mr. Brown also notes that with the expected retirement of more generators, Northern Pass should be part of the region’s future energy mix…
“The likelihood of new nuclear or coal plants being built in New England is slim to none. Combine that with a restricted pipeline capacity that will handcuff natural gas generators, and you have limited options to a dwindling baseload power supply that has become over-reliant on natural gas. ISO has gone on record as stating that we are going to have to replace an expected 8,000 megawatts of retired capacity in the not-too-distant future. With the closing of one of the last nuclear plants in the region, Northern Pass is going to have to be part of the solution.”
The full column is available here.