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Richard Brooks's picture
Co-Founder and Lead Software Engineer Reliable Energy Analytics LLC

Inventor of patent pending technology: METHODS FOR VERIFICATION OF SOFTWARE OBJECT AUTHENTICITY AND INTEGRITY and the Software Assurance Guardian™ (SAG ™) Point Man™ (SAG-PM™) software and...

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  • Oct 14, 2021 3:40 pm GMT
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Massachusetts appears to be inching it's way toward implementing a market based capacity exchange to support the acquisition of Green Electric Generating resources. By giving the Department of Energy Resources (DER) decision making authority to acquire green resources the Governor seems to be hinting at a more open and competitive process that will adequately compensate generators and incentivize investors to provide the State with the resources needed to achieve declared clean energy targets at the most reasonable cost to consumers. A wholesale capacity market exchange based on the very successful Green Buyers Exchange operated by Level Ten, provides a feasible, and attainable pathway to achieve success for State clean energy goals, while putting the DER squarely in charge of generating resource selection to receive contracts (Capacity Supply Obligations and Capacity Payments) from ISO New England.

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Thank Richard for the Post!
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Bob Meinetz's picture
Bob Meinetz on Oct 14, 2021

Dick, thanks for today's dose of renewa-babble, from Rep. Jeffrey Roy of Franklin:

“We’re losing economic development because of this fixation on price.”

Either that, or high prices for electricity tend to slow economic development?

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