Commonality of Pilgrim and Vermont Yankee's Shutdown Pressures

There was hanky-panky going on in Vermont with the politicians over Hydro Quebec and Gas Metro with the Vermont Yankee shutdown. Basically CVPS was bought out Gas Metro. CVPS was the largest electric utility in Vermont. Then Hydro Quebec came in and replaced VY’s electric load for the state Of Vermont. Trans Canada is big in our area. The Hydro Quebec power agreement over decades was notoriously loaded with Vermont political corruption and money. Hydro Quebec in New York and all though NE has for decades been trying to push out American electricity onto the border states. The Canadian energy electric power cabal has been trying desperately to push their electricity into our metropolitan high population areas such as NYC and Boston. 

I mean, because Entergy is so dependent on cheap natural gas fracking in Louisiana...could they really say anything negative about it. Who is the real foreigner in NE: Entergy or Canada. I know Canada in a lot closer?

Gaz Metro is a large energy corporation and Hydro Quebec is really an arm of the Canadian Government. What a powerhouse of influence.  Then Vermont has the Hydro Quebec line? Check out that new switchyard in Vernon VT?

In the early 1990s Vermont through political corruption bungled the Hydro-Quebec line power purchase agreement. The electricity was terribly overpriced and nearly led to the CVPS bankruptcy. I guess the state forced CVPS to purchase really expensive Hydro Quebec electricity. There were rumors of Vermont politicians exchanging money for Canadian electricity.  You remember the big ice storm, then Hydro Quebec electricity became unreliable because all their cheap and poorly design transmission towers. They mostly collapsed in the ice storm.

We had that big monster deregulation approaching in the late 1980s and early 1990s…we had a near political Vermont rebellion over the high priced electricity charged to the rate payers and especially for the republican Vermont businesses and ski areas. Basically eventually Maine Yankee failed and Millstone collapsed over the withdrawal of plant funding and maintenance. Massive regional nuclear power plant budget cutbacks, a weak NRC…gigantic nuclear employee intimidation. So CVPS came under intense pressure to reduce their electricity prices mostly by the businesses (IBM plant). They came up with the bright idea to cutback budgets to Vermont Yankee…easier than the politically protected really expensive green electricity and the smaller power plants. This is how I became a reluctant whistleblower at Vermont Yankee. Equipment started failing because of insufficient funding and maintenance, this cause the VY officials to be deceptive and out right lying to maintain capacity factor. Then off to the races when I sent a letter to the Vermont Governor complaining about it all.

The Entergy story about favored electric prices from Hydro-Quebec today…does the gigantic Canadian power house influencers such as Gaz Metro, Hydro-Quebec, the Canadian government, the Vermont Hydro Quebec line and the future NH Hydro-Quebec line…do they hold more sway over the form of our NE and NY electric grid and markets than we think.

I am just saying the extremely low worldwide petroleum prices are imploding the Canadian Tar Sands and their petroleum miracle. The Canadian stock index is in full rout.  Our natural gas fracking miracle is going to blow up the enormous Canadian electricity markets coming into NY and NE. Their Hydro-Quebec lines in Vermont and possibly in NH is junk because of the cheap and cheaper fracking nature gas. Just Look at the natural gas prices. I wouldn’t be making any expensive long term electricity contracts with anything greasy monied-hand Canadians today. Electricity prices are going to continue to decline for years especially as they build in the gas lines. Will the Canadian electricity exports to the USA go the way as their expensive petroleum exports…a collapse?  I think is going to be a historic electric USA/Canada transformation. Will we one day make big money exporting electricity to Canada?