CEO of Eversource Fears New England Might Not Have Enough Natural Gas For This Winter
October 31, 2022
Eversource Energy CEO, Joseph R. Nolan Jr., recently wrote in a letter to President Joe Biden because he fears Eversource might not be able to provide natural gas for all of its consumers if this upcoming winter is harsh. In this letter, Nolan asked Biden and his administration for their help in addressing this potential problem.
According to Nolan, Eversource has ramped up investments in clean energy resources but noted that many projects will not bring power to the grid for several years.
National Grid, another major energy supplier for Massachusetts, reported winter electricity rates taking effect on Nov. 1 will be immensely higher than they were last winter, as well as stating that the high price of natural gas used in generating the power.
