LOCATION/TYPE

NEWS HOME



[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]

Archive
RSS

Add NWW headlines to your site (click here)

WHAT TO DO
when your community is targeted

Get weekly updates
RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Campaign Material

Photos & Graphics

Videos

Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Energy producer seeks to control supply, too 

The state Public Service Commission (PSC) is seeking public comment on whether Iberdrola S.A. should acquire Energy East, the parent company of New York State Electric & Gas (NYSEG) and Rochester Gas & Electric Corporation (RG&E).

Iberdrola is the owner of the proposed Jordanville wind farm.

Perhaps the best argument against Iberdrola’s acquisition of NYSEG is the PSC’s traditional reluctance to allow a single company to own both the means of generation (Jordanville) and transmission of electricity.

The reason, of course, is fear of monopoly control.

Several years ago, Niagara Mohawk was acquired by National Grid, a foreign-owned and -based corporation. If Iberdrola should acquire NYSEG, much of New York State’s transmission capacity will be owned by foreign interests.

Yet, at the same time, Iberdrola and other foreign corporations have become major players in the production of wind-derived electricity in New York State.

Significant foreign ownership of both generating and transmission capacity raises the question as to what degree the interests of these corporations correspond to the interests of New York consumers. We should also ask to what degree their interests can be responsive to long-term state energy policy.

Comment already received – from public agencies, private corporations and public interest groups – is largely not favorable, but it is divided as to whether the proposal will encourage or discourage wind-energy development.

The PSC itself states “it would discourage wind-energy investments unless the PSC bars the companies from owning generating plants in New York.”

So why is Iberdrola seeking ownership of Energy East? Isn’t it engaged in a futile pursuit by seeking monopolistic control of both generating and transmission capacity?

Maybe Iberdrola has more friends than we suppose. Could that be why they’re going after the whole pie?

ANDY MINNIG
Cherry Valley

The Freeman’s Journal

29 February 2008

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)

Share:

e-mail X FB LI M TG TS G Share


News Watch Home

Get the Facts
CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.

 Follow:

Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky