Maine utilities told to stick with ISO

subscribe

Central Maine Power and Bangor Hydro-Electric are being told to continue their arrangement with the operator of the regional power grid for two more years.

But the Public Utilities Commission also ordered the companies to aggressively pursue reforms of their relationship with ISO-New England.

The panel has expressed dissatisfaction with the present system, citing inequitable cost allocations and poor representation of consumer interests in the power grid's decision-making processes. It also found that components of the ISO structure benefit Maine's energy markets and consumers.

Earlier this year, the PUC conducted proceedings to assess the progress of negotiations and to consider whether to direct the utilities not to renew the existing agreements.

Related News

colstrip power plant

Hydro One will keep running its U.S. coal plant indefinitely, it tells American regulators

TORONTO - The Washington power company Hydro One is buying will be ready to close its huge coal-fired generating station ahead of schedule, thanks to conditions put on the corporate merger by state regulators there.

Not that we actually plan to do that, the company is telling other regulators in Montana, where the huge coal-fired generating station in question employs hundreds of people. We’ll be in the coal business for a good long time yet.

Hydro One, in which the Ontario government now owns a big minority stake, is still working on its purchase of Avista, a private power utility based in…

READ MORE
pge-rates-set-to-stabilize-in-2025

PG&E Rates Set to Stabilize in 2025

READ MORE

solar panels

Britain got its cleanest electricity ever during lockdown

READ MORE

price

Parsing Ontario's electricity cost allocation

READ MORE

pickering ngs

Ontario will refurbish Pickering B NGS

READ MORE