Mystic Generating Station
NPCC said all subregions should have adequate supply to meet demand this summer despite recent generation retirements.
FERC denied a rehearing request and partly adopted a clarification request by Constellation Energy related to a challenge to the fixed costs associated with the Mystic cost-of-service agreement.
The Massachusetts Department of Public Utilities approved agreements between Constellation Energy and the state’s investor-owned gas utilities to keep the Everett LNG import facility operating through May 2030.
Proposed supply agreements between Constellation and Massachusetts gas utilities which would keep the Everett Marine Terminal operating through 2030 are facing pushback from environmental organizations and the Attorney General’s Office.
FERC ruled the Mystic Agreement arrangement provides sufficient assurance that the inputs to the filed rate are accurate.
Eversource and National Grid have reached agreements with Constellation to keep the Everett Marine Terminal open for six more years, pending approval from the state.
ISO-NE forecasts peak demand of 20,269 MW under average weather conditions, and a 21,032-MW peak under below-average temperatures.
FERC Chair Willie Phillips and NERC CEO James Robb wrote in joint comments that they have "serious concerns" about Everett's retirement.
FERC reversed its previous determination that “all interested parties can review and challenge Mystic’s revenue credits and tank congestion charges” in the annual true-up process.
FERC stakeholders debated winter reliability challenges in the Northeast, including the potential loss of the Everett LNG import terminal.
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