Eversource Finds a Loophole

By Cynthia A. Arcate 15 December, 2016
Yesterday’s announcement of an Eversource/DONG Energy joint venture for offshore wind development should send shivers up the spine of anyone who recalls the strategy behind restructuring the Massachusetts electric industry almost 20 years ago. This massive effort with deep impacts on the marketplace is exactly the kind of transaction the law was designed to prevent. Yet Eversource points to a loophole in the restructuring act that appears to allow it. The restructuring law prohibited electric distribution companies from owning generation

Fulfilling the Promise to Consumers from Large-Scale Clean Energy Procurement

By Sean Burke 15 August, 2016
Every energy bill has the potential to impact costs to consumers, but few have greater potential than the bill just passed by the Massachusetts legislature. In the final hours of the Massachusetts legislative session, conference committee members passed much anticipated legislation providing for massive procurement by the electric distribution companies, National Grid and Eversource, of offshore wind (1,600 MW) and “clean energy generation,” including imported hydro (~1,200 MW). That’s more than four times the capacity of Pilgrim nuclear power plant