Vital energy companies and utilities see the economic and environmental importance of collateral enhancement of clean and well organized natural gas generation and random renewable solar and wind resources. They are in business to encounter their customers’ wants in ways steady with both public policy and shareholder attentiveness. They are not opposed to renewable energy but sensible about its irregular and their commitment to customers.
New England already has the excessive electricity costs in the nation. The region’s wealth, competitiveness and environment are harmful even more from recent energy price point brought on by wintry weather and natural-gas pipeline limitations. The region was hit with more than $7 billion in bigger energy prices during the polar vortex of 2013/2014. The whole cost this year will likely be bigger.
The desire of supplying energy from “100 percent renewables” is just that, a hope. For now, tracking of generation from intermittent renewables and from highly coherent natural-gas power plants is steady with achieving environmental, energy supply and economic competitiveness goals.
That’s how extensive energy companies and utilities in New England see it. And unlike advocacy groups, those companies are literally accountable to customers, regulators and shareholders for production and outcomes.
Local utilities are no identical. They know government inducement favor renewables today but they also identify that they are a customer’s “provider of last resort.” A key commitment for today’s utilities is to find ways of make sure that cost-effective energy is accessible to encounter customer wants, even at periods of peak demand during extreme weather.
In New England, ever source is erection large-scale solar projects and has a goal of manufacturing 2,000 megawatts of offshore wind generation in the next few years. And National Grid is planning 19 large-scale solar installations. Both utilities identify that meeting their commitment requires around-the-clock service at elevated levels of reliability, and that means unite intermittent resources with resources that can fill a space at any time.
Numerous studies and experience in California reveal that developing natural-gas pipeline power stabilizes the wholesale price of gas.
Energy and utility companies are not the rival. Non-intervention that continues to separate New England from better access to low cost natural gas furnish in nearby states is.
- Mohsin, once the director of a company, sold his business to spend time with family. Now mostly retired at a young age, he manages another small family business while keeping us up-to-date on what’s new in all sectors.