PUC Rejects Eversource Plan for 20-Year Agreement with Hydro-Quebec

SOURCE: InDepthNH
AUTHOR: Nancy West

The state Public Utilities Commission has dismissed Eversource’s petition for a 20-year Power Purchase Agreement with Hydro Renewable Energy saying it would violate state law.

The proposed Agreement would have allowed Eversource to buy 100 megawatts of electricity from Hydro-Quebec, then resell it to the wholesale energy market and include the net costs or benefits of its purchases and sales in its electric distribution rates.

The plan was supposed to benefit New Hampshire by making sure 100 megawatts, or 10 percent of Northern Pass’ total 1,090 megawatts of electricity, stayed in the state.

Northern Pass spokesman Martin Murray said such a Power Purchase Agreement, known as a PPA, is not required as part of Northern Pass’ permitting process that is pending before the state Site Evaluation Committee.

And the PUC’s ruling is either no big deal or a “serious setback” for Northern Pass depending on whether it is Murray or an opponent of the project as it stands explaining Monday’s order.

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NH Commission Stops Eversource Scheme to Gamble Public Money

SOURCE: Conservation Law Foundation
AUTHOR: Josh Block

Conservation Law Foundation (CLF) released the following statement today in response to a decision from the New Hampshire Public Utilities Commission (PUC) dismissing Eversource’s proposal to purchase and re-sell electricity from the proposed Northern Pass transmission line. The PUC found that this proposal violates state law governing the role and scope of utility companies.

“For the second time in six months, the PUC has shot down an Eversource scheme that would put New Hampshire businesses and families at risk,” said CLF New Hampshire Director Tom Irwin. “From financing gas pipelines to tipping the scales for Northern Pass, Eversource keeps trying – and failing – to gamble its customers’ hard-earned money on unnecessary and unwanted infrastructure. As the illusion of Northern Pass’s public value continues to be shattered, it’s only a matter of time before the whole thing comes tumbling down.”

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PUC Short Circuits Eversource Deal to Buy Power Tied to Northern Pass

SOURCE: New Hampshire Union Leader
AUTHOR: Paul Feely

The state’s Public Utilities Commission on Monday ruled against a petition filed last June by Eversource seeking approval of a proposed 20-year Power Purchase Agreement with Hydro Renewable Energy, after determining the proposal is “inconsistent with New Hampshire law.”

Eversource announced in June 2016 it had reached an agreement with HydroQuebec (HQ) guaranteeing at least 100 megawatts from the proposed Northern Pass project would be available to New Hampshire consumers at lower-than-market prices.

Eversource cited the possibility of a power purchase agreement (PPA) with HQ as one of the benefits of the controversial transmission project, that would run 192 miles from the Canadian border to Deerfield.

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