
The Energy Markets Podcast
S2E2: NEPGA's Dan Dolan discusses subsidized resources in the market and the need for an economywide carbon price to effectively bring about a clean-energy grid.
Dan Dolan of the New England Power Generators Association explains his members' concerns with subsidized resources in the region's wholesale power market, and the recent ballot initiative in Maine affecting a 145-mile, $1 billion transmission line designed to bring subsidized Canadian hydropower to Massachusetts. The market overseen by ISO-New England has resulted in cost savings for consumers and dramatic reductions in emissions, including greenhouse gases that contribute to climate change, Dolan says. A big missing piece of the equation, Dolan explains, is an economy wide carbon price that would even more rapidly drive the region to a clean-energy grid, and more effectively promote EVs and other measures needed as part of a comprehensive solution to the climate emergency.