Dominion faces March 15 deadline to secure utility contracts for Millstone nuke; Brattle: Electrification could drive $600B in transmission spending by 2050; Consumers shouldn't pay for bureaucratic thinking on electricity; EPS Ep. 8: 'The coal bailout no one is talking about' with Joe Daniel of UCS
The plant owner has been negotiating with Eversource and United Illuminating to secure higher priced power purchase agreements, according to local news reports.
A report estimates the United States will need transmission investments of $30 billion to $90 billion by 2030, and significantly more in the decades which follow.
Achieving grid reliability and resilience that meet customer needs will require a culture shift within regulatory agencies and grid operators away from reliability-at-all-costs and toward reliability-at-the-right-cost.
Customers are subsidizing coal plants with more than a billion dollars a year, the Union of Concerned Scientists analyst says, thanks to market rules that allow monopoly-owned plants to choose when they generate electricity.
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