VT energy market tanks!
Posted in the Brattleboro Forum
#1 Nov 12, 2013
Experts: Vt. energy market uncertain, volatile
Posted: Nov 12, 2013 4:23 PM EST
Updated: Nov 12, 2013 5:01 PM EST
By Kyle Midura - bio | email
Local experts say Vermont's energy market is in an uncertain and volatile state.
Associated Industries of Vermont held its 93rd annual meeting Tuesday morning, bringing together state and industry leaders.
In his lunchtime address, Lt. Gov. Phil Scott said the Legislature needs to focus on economic and fiscal issues more than social matters during the next legislative session.
"Vermont's energy future must be at the forefront of our economic concerns, as well, as we approach this year's budget, because without affordable power our economy-- I believe-- is in trouble," said Scott, R-Vermont.
Scott says the state needs to find a way to tackle ballooning social service and educational costs.
#2 Nov 12, 2013
So says the teabagger antigovernmentalist...
#3 Nov 12, 2013
Vt. drops 2 spots to 7th in efficiency ranking
Posted: Nov 11, 2013 3:58 PM EST
Updated: Nov 11, 2013 3:59 PM EST
MONTPELIER, Vt.(AP)- Vermont has dropped two spots and now ranks seventh in the country on energy efficiency.
That's according to an annual ranking of states by the American Council for an Energy Efficient Economy.
As it has for years, Vermont gets high marks for electricity and natural gas efficiency programs.
But because Vermont's rural nature makes mass transit relatively difficult, it loses points for transportation.
Vermont also lags behind national leader Massachusetts on developing combined heat and power projects.
#4 Nov 13, 2013
The clause in the states RE mandates which require that RE be taken on the grid in preference to other energy sources is the greatest danger to affordable base load generators, and to the whole institution of reliable, affordable electricity for the consumer. -Jeff Walthers
#5 Nov 13, 2013
I cannot think of a single piece of legislation better designed to drive up the cost of electricity and drive away grid reliability, even if I was legislating from scratch.RE Mandates are the enemy of the consumer.
The problem is that the connection is subtle and the public still believes that RE Mandates exist to benefit them and the environment. The truth is, that RE Mandates, combined with the recent privatizing of grids and generating capacity, are designed to drive out grid reliability and drive up energy costs for all consumers.-Jeff Walthers
#6 Nov 13, 2013
Read the entire article:
Jeff Walthers possesses two B.S. degrees in engineering: aerospace and electrical. He also holds a J.D. degree and is licensed to practice law in Texas. All his degrees are from the University of Texas at Austin. He used to work as an aerospace engineer, and currently is an electrical engineer at a medium-size start-up.
Walthers describes his leisure activities as follows: "On the weekends, when I'm not coaching one of my son's baseball games, I try to make it out to Hutto, TX for one of the Austin Area Rocketry Group's rocket launches."
#7 Nov 13, 2013
Welcome to Associated Industries of Vermont, the only state-wide association dedicated to manufacturers and their supporting businesses and organizations.
We provide legislative and regulatory advocacy and representation at the state and federal levels, news and information, education, service and benefit discounts, networking, and other member services.
Our membership runs the full range of the manufacturing, technology, and natural resource sectors, with companies of every size and from every part of the state.
But contractors, staffing agencies, banks, engineering firms, insurance companies, law firms, retailers, and many other kinds of businesses and organizations are also members of AIV.
Uniting all members is the understanding that the work and services of AIV benefit all Vermont businesses.
#8 Nov 13, 2013
Yea, everyone is a sinner who makes money on the grid. This is really a complicated problem.
This is what I have been talking about for years. The grid is not out to serve the public...but each power source is more trying to sabotoge each other.
This is the natural outcome of a system who is dependant with the componeents being at war with each other.
#9 Nov 13, 2013
Base load brings uf the efficiently of size. A huge power plant generally throws out juice that is cheaper that the smaller unit if it is designed right. But cycling large units wears out components more.
With the nukes it was always the fragileness of the fuel cladding. You cycle these babies enough you get fuel failures and you crap up the plant and increase off site doses.
I guess the fire box of a coal plant and boilers have the same cycling vulnerability...
#10 Nov 13, 2013
But with this deflationary environment on the grid of late...the theme of the big guys who really control the rules on the grid it is any excuse will do to yank a power source off the grid in order to support the current expensive price of electricity.
In a report published Monday, ISI Group analyst Greg Gordon downgraded the rating on Entergy...
<<<Our revised '15 number now assumes a steep drop in merchant earnings as well as a higher assumed Parent & Other expense.>>>
Bottom line, talking about anything energy on this blog and the internet is always loaded with ideological and profit agenda.
More of late, it is always loaded with a survival agenda....
In other words, an illusory free market only works when the economy is expanding in a seemingly healthy manner and prices/ profits are rising.
All we are doing today is playing rulesies without a hint of truthfulness and morality...serving our greater good.
#11 Nov 13, 2013
Someone needs to be pro business/employment in VT; it sure as Hell isn't the VT State government!
#12 Nov 13, 2013
I think you are wrong this time, in this case. This market is about the VT State Government placing ideology above feasibility; pushing their agenda no matter the economic and human costs. We were told to believe that the agenda was simply conservation of VT's environment, but that has been proven wrong with the dismantling of decades old environmental moral policies. Specifically, I believe that Governor Shumlin is the most blatant special interest vote whore this state has ever seen. Senator Bernie is thinking about the Oval Office my ass! Bernie is thinking about retirement an what then do you suppose Shumlin and his handlers are thinking about? What's pathetic is that Vermonter's want to remain ignorant.
#13 Nov 13, 2013
Political teabagger agenda only spoken here!
#14 Nov 13, 2013
#15 Nov 13, 2013
You couldn't be more wrong, I am in fact a God loving common sense environmentalist.
#16 Nov 13, 2013
God figurehead is only a tool...he can be used to leverage either good or evil.
#17 Nov 13, 2013
The difference is that Governor Shumlin sold us as being an environmentalist, but in truth he was just whoring himself out to the good old buddy (boy) system of politics.
#19 Nov 13, 2013
#20 Nov 13, 2013
"Chris Recchia, commissioner of the Department of Public Service, said centralizing utilities is misguided.
Shumlin is another Clinton and Obama right wing Republican centralist...
Basically all deep antigovernment teabaggers philosophies underneath the sheen of liberalism...
#21 Nov 13, 2013
Screw the households...the Vt dems have been doing this for decades.
You just can never know who your friend really is?
Rep. Tony Klein, an East Montpelier Democrat, said Tuesday hell entertain a proposal to partly deregulate the states utility market and allow Vermonts largest consumers of electricity to negotiate power contracts with sellers outside their designated service territories.
The proposal comes as manufacturing giants like Omya in Proctor and Weidmann Electrical Technology in St. Johnsbury decry a cost of power they blame in part on lack of competition.
I want to talk about creating a program, a model program, where some of the larger industries can benefit from a deregulated power market for some of their power needs, Klein said.It would be a big deal, but its something to think about, because the world is changing.
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