What are the main fuels that New England will use to meet future electricity demand, whether or not Cape Wind is built?
A 2007 analysis by ISO New England of regional energy scenarios indicates that New England is likely to remain heavily dependent on natural gas to produce electricity over the next several decades, even if it substantially increases its renewable generation capacity. Electricity prices will be strongly influenced by natural gas and oil prices and by the relative costs of these two fuels (i.e., if oil prices rise relative to natural gas the region will use more gas). Because prices for both fuels have increased sharply in recent years, strong reliance on oil and gas has sharply increased energy costs for New England households and businesses. Click here5 and read Section 3.3 of the Army Corps of Engineers’ assessment of future impacts and conditions if Cape Wind is not built, and here6 to read ISO New England’s scenario analysis.
Related Questions
- Does New England need additional energy resources to meet electricity demand in future years? How would Cape Wind contribute to this need?
- What are the main fuels that New England will use to meet future electricity demand, whether or not Cape Wind is built?
- Are there enough platinum reserves to meet current and future demand?
