This past Labor Day Mystic went offline unexpectedly, forcing @isonewengland to implement emergency measures to stabilize the grid, and sending wholesale electricity prices as high as $2,600/MW.
Q: Why did Mystic suddenly drop offline?
Ha!
That is, the cost of operating Mystic is about to increase significantly, and for reasons that are unrelated to inputs like fuel & labor costs, or the shifting $/MW market prices it earns for the electry it produces.
No, if we’re going to pay a special charge to Exelon to keep Mystic open, then let’s be candid & admit that we’re doing so because ...
This is what passes for resource planning in NE currently, and it begs the question whether we can do better.
And there’s my take on the Mystic Rorschach test.
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