Clean energy is poised to deliver over $200 million per year in savings for consumers in the New England region, a new study commissioned by the American Clean Power Association (ACP) finds.
This study analyzes the market and environmental benefits of 1,200 megawatts (MW) of incremental land-based renewable capacity for the New England region. Additional renewable capacity will lower energy market prices and provide significant cost savings for consumers in New England states.
The new study focuses on clean energy resources sited in northern Maine, which is the location of most proposed large-scale, land-based renewable projects in the region. Although the modeled projects are located in Maine, the ISO New England (ISO-NE) market is operated and dispatched as an integrated system, and as a result, the wholesale price reduction benefits will accrue across the region.
Published December 20, 2022
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