On August 15, 2023, ISO New England (ISO-NE) presented preliminary results for an extended timeframe through Winter 2032 as the next phase in its ongoing exploration of potential resource adequacy impacts during extreme winter weather that may occur as a result of expected retirements of existing, mostly fossil fuel, generators and the potential retirement of the Everett Marine Terminal, a liquefied natural gas (“LNG”) facility serving New England. … More
Last week the federal Energy Regulatory Commission (“FERC”) hosted a bevvy of New England state regulators and energy industry stakeholders to discuss potential solutions to electricity and natural gas-related challenges facing New England. One question loomed large throughout the day-long forum: Should the Everett Marine Terminal, a liquefied natural gas (“LNG”) facility, stay in operation after the principal contract supporting it expires, and if so, who should fund it? … More