The CEO of Exelon, parent company of Pepco and BGE, is warning that Maryland and other Northeast U.S. customers may be facing blackouts next year "due to a shortage of power plants," the Financial Times reports. "We came very close this past winter to having to curtail power for about 400,000 customers on some of the coldest days of the year," Calvin Butler told the FT. "And it's only getting worse."
Electrical grid operator PJM, which supplies power to Pepco and BGE customers, reported a 6.5 gigawatt deficit last December. That deficit is anticipated to increase tenfold over the next decade, if more generation capacity is not added to the system.
Among the obvious causes of the failure to generate adequate power was Maryland elected officials' radical forced shutdown of 8 power plants statewide. But Butler brought up another devastating critique of Maryland legislators in his interview with the FT. It turns out that Exelon actually wants to construct new power plants in Maryland, but is being actively blocked from doing so by the state's limits on power plant ownership by utilities. In fact, legislators allowed two bills that would have allowed Exelon to move forward on new plants to die in committee.
Butler told the FT that legislators seem to be living in a different reality from the energy crisis Maryland is experiencing right now. "[R]ight now they don't perceive it as a crisis," Butler lamented. He said he is more optimistic that Delaware and New Jersey will update their rules on power plant ownership.
No comments:
Post a Comment