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New England Power Grid 2015–2016 Profile - …

New England Power grid 2015 2016 ProfileA rapid transformation of the region s electric Power resource mix is underwayReliabilityExisting natural gas pipelines are inadequate to serve growing peak demand for heating and Power generation needs in generators may also use liquefied natural gas (LNG), but LNG deliveries vary, regional LNG storage is limited, and prices are tied to global and oil resources are essential during winter, but the rapid retirement of these resources will increase the region s dependence on natural s growing reliance on natural gas has multiple impacts:PricingWholesale electricity prices track the price of Power plant fuel, which in New England is typically natural natural gas prices in 2015 resulted in low wholesale electricity prices in New gas pipeline constraints in the winter tend to increase natural gas prices and, in turn, wholesale electricity Energy Market ValueEnvironmentalThe transition from coal and oil to natural gas has reduced , when natural gas pipelines are constrained, oil- and coal-fired electricity production rises, driving up 2001 2014 Sources of

New England Power Grid 2015–2016 Profile A rapid transformation of the region’s electric power resource mix is underway Reliability Existing natural gas pipelines

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