A healthy regulatory environment — one in which the state and utilities are open to honest discussion about balancing long-term projects and consumer costs — attracts capital investment that fuels infrastructure development. Thus far, Massachusetts is sending a positive signal to the market that stands in contrast to its neighbors.
Marc Brown
Posted inEnvironment, Opinion
Sorting out our perverse electricity markets
THE RECENT ANNOUNCEMENT by developers of the Access Northeast natural gas pipeline that they are suspending the project until legislation allows for electric ratepayer financing of pipelines illustrates a major flaw in our electricity markets. A market structure that doesn’t incentivize natural gas power generators to subscribe to firm pipeline capacity, and federal open access […]