Massachusetts Utilities to recover offshore wind project costs

April 18, 2019

The new Vineyard Wind project seeks to help expand Massachusetts clean energy supply per the newest Renewable Portfolio Standard in producing a total of 800MW. Currently the three major utilities have sided with governor Baker’s administration on the initiative to surcharge customers for sourcing electricity from this project. On the other side of this is […]

New England electricity markets increasing in complexity

April 4, 2019

It has been 22 years since 1997 when Massachusetts decided to break up power monopolies and separating generators, transmission owners, and distributors. The competitive market has done well for the New England region creating reductions in wholesale electricity prices and generating $16 in efficient investment. Recently, the markets’ structure has become more complicated given the […]