- Oct 14, 2021 3:56 pm GMT
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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