Politics & Co. Asking the $13.4M Question: Will the PUC Biomass Bidding Process be Competitive?

Mainebiz staff

Source

Mainebiz

Date

7-11-2016

Pages

11

Abstract

The Public Utilities Commission has set a deadline for bids to access $13.4M, set aside in a rainy day fund, which will pay for above-market electricity created by biomass generators. The measure is designed to help Maine's struggling logging industry. However, there is only one biomass company in Maine still in operation, and it is questioned if the bidding process is truly competitive.

Subjects

Electric utilities--Costs, Renewable energy sources

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