This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by the CPES New Energy Professionals Team. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Kathryn Dube, CPES Executive Director, via email: email@example.com.
In this Update:
- ISO New England Releases Its 2017/2018 Winter Outlook
- Dominion Submits Confidential Financial Data
REGIONAL AND INDUSTRY DEVELOPMENTS
ISO New England Releases Its 2017/2018 Winter Outlook
On November 30, ISO New England issued its winter outlook press release, noting that the “New England power system is expected to have the resources needed to meet consumer demand for electricity this winter.” However, the ISO also cautions that “power system operations could become challenging if demand is higher than projected, if the region loses a large generator or electricity import facility, or when natural gas pipeline constraints limit the fuel available to natural-gas-fired power plants. In those instances, the ISO could be required to implement special operating procedures to maintain reliability.”
The ISO forecasts peak demand, assuming normal winter temperatures of about 7 degrees Fahrenheit, of 21,197 MW. However, that demand could grow to 21,895 MW if extreme winter weather of 2°F occurs. For more information, visit the ISO Newswire.
Dominion Submits Confidential Financial Data
Dominion Energy Nuclear Connecticut, Inc. has submitted confidential financial data regarding its Millstone Power Station in response to data requests previously issued by the Department of Energy and Environmental Protection (DEEP) and the Public Utilities Regulatory Authority (PURA). The requests were issued as part of the DEEP and PURA Joint Proceeding to Implement the Governor’s Executive Order Number 59. The joint proceeding is examining the financial viability of the Millstone Power Station and exploring the potential for state-sponsored price support. A draft report is due from DEEP/PURA December 19, 2017.