A new study commissioned by the American Clean Power Association (ACP) has found that additional renewable capacity will lower energy market prices and provide significant cost savings for consumers in New England states. Conducted by Daymark Energy Advisors, the study analyzed the market and environmental benefits of 1,200 MW of incremental land-based renewable capacity for the New England region.
The new study focused on clean energy resources sited in northern Maine, which is the location of most proposed large-scale, land-based renewable projects in the region. Although the modeled projects are located in Maine, the ISO New England (ISO-NE) market is operated and dispatched as an integrated system, and as a result, the wholesale price reduction benefits will accrue across the region.
“This study quantifies the customer…