Electric industry restructuring in Massachusetts
A law restructuring the electric utility industry in Massachusetts became effective on November 25, 1997. The law will break up the existing utility monopolies into separate generation, distribution and transmission entities, and it will allow non-utility generators access to the retail end user market. The law contains many compromises aimed at protecting consumers, ensuring savings, protecting employees and protecting the environment. While it appears that the legislation recognizes the sanctity of independent power producer contracts with utilities, it attempts to provide both carrots and sticks to the utilities and the IPP generators to encourage renegotiations and buy-down of the contracts. Waste-to-energy contracts are technically exempted from some of the obligations to remediate. Waste-to-energy facilities are classified as renewable energy sources which may have positive effects on the value to waste-to-energy derived power. On November 25, 1997, the law restructuring the electric utility industry in Massachusetts became effective. The law will have two primary effects: (1) break up the existing utility monopolies into separate generation, distribution and transmission entities, and (2) allow non-utility generators access to the retail end-user market.
- Research Organization:
- Brown, Rudnick, Freed and Gesmer, Boston, MA (US)
- OSTI ID:
- 20017381
- Resource Relation:
- Conference: 6th Annual Waste-to-Energy Conference, Miami Beach, FL (US), 05/11/1998--05/13/1998; Other Information: PBD: 1998; Related Information: In: 6th annual waste-to-energy conference, 328 pages.
- Country of Publication:
- United States
- Language:
- English
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