Yep – the Obama picture is from the video clip where he announced that under his regime, electricity prices will necessarily soar. Yep – I am not surprised at that headline in the UL yesterday (reformatted, emphasis mine):
New plants on way, power needs still unmet
Three new power plants — two in Connecticut and one in southeastern Massachusetts — will add more than 1,000 megawatts to the New England power grid by 2018, thanks largely to rising prices in the regional energy market, the operator of the New England power grid announced on Wednesday. But that still won’t be enough to address a predicted supply shortage in southeastern Massachusetts and Rhode Island, according to ISO-New England.
Heck, I would NOT be very surprised if, however, that “predicted supply shortage” (and unexpectedly, as Glen Reynolds writes all the time) spill up to NH. Dave Soloman continues:
The grid operator needs to know well ahead of time how much power will be available from power plants in the six-state region, whatever the fuel source. So every year it holds what is called a forward capacity auction to see who is willing to commit to producing electricity three years down the road. The results of last year’s auction, for delivery of power in 2017, set off alarms.
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