PowerOptions recognizes our Members’ need for an incentive program that provides essential financial support to help defray the upfront and ongoing costs associated with EV charging equipment and infrastructure. As part of our advocacy work, on September 14th PowerOptions offered the following comments to the Massachusetts Department of Utilities.
Could the Texas Big Freeze Happen Here? The Valentine’s Week deep freeze in Texas was felt across the country. Not just Texas but the entire country was impacted by natural gas supply disruptions that impacted prices.
The regional grid operator, ISO-NE, has proposed to create a new compensation mechanism for resources that can contribute to winter energy security during the 2023/2024 and 2024/2025 winters. The proposal has been dubbed “Chapter 2B,” as it follows the cost of service contract given to the Mystic units (and potentially other units in the future) […]
The fuel security controversy in New England, particularly as it relates to the availability of natural gas in the winter, escalated dramatically with the issuance of the ISO New England fuel security study, which was followed quickly by Exelon’s announcement that it intends to shut down its Mystic units in Everett unless it receives a […]
Twenty years ago, PowerOptions launched its mission to give Massachusetts nonprofits the opportunity to purchase their electricity and natural gas as part of what is now the largest energy-buying group in the region. Then as now, the contract offered terms that are the best in the industry at no added cost to the customer. In […]
The cold weather over the last few weeks has resulted in a significant amount of electricity being generated by coal and oil in New England. But, on an annual basis, the amount of oil- and coal-generated electricity will still be about 1% or less of all of the generation in the region. It’s important to […]
