Without it, businesses cannot operate productively, hospitals and schools cannot provide essential services, and residents cannot depend on the amenities of daily life in our modern society. While electricity is a basic necessity, it is also a commodity – a product that is produced, sold, and transported for profit by hundreds of companies. And like most commodities, electricity is sold on both a wholesale and retail level.
Some key facts about the New England energy market:
The region has a population 14 million with 6.5 million households and businesses.
These households and businesses are served by 13 interconnections to power systems in New York & Canada.
There are more than 8,000 miles of transmission lines in the six New England states.
The region’s approximately 350 generators have more than 30,000 MW of generating capacity.
There are more than 400 buyers & sellers in the markets.
The New England Council’s Energy and Environment Committee’s ongoing work on a variety of issues and policies helps to ensure that New England’s citizens and businesses continue to have access to affordable and secure energy resources. The Council’s Energy and Environment Committee provides a forum for New England’s energy and environment communities to discuss public policy priorities for the region. The Committee is chaired by Mark Kalpin of Holland & Knight and the NEC staff contact for the Committee is Sean Malone.
Learn more about recent Energy & Environment activities.