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Power use projected to remain flat in New England
http://www.pressherald.com/news/power-use-projected-to-remain-flat-in-n_e__2012-12-16.htmlHARTFORD, Conn. - Improved energy efficiency will help keep electricity use flat in New England in the next decade, allowing customers to save on utility bills and power companies to scrap costly transmission upgrades, the grid operator said last week.
The region's six states spent $1.2 billion from 2008 to 2011 to boost energy efficiency, ISO-New England told reporters in a briefing on Wednesday. Spending on energy efficiency is expected to increase to $5.7 billion from 2015 to 2021.
The Holyoke, Mass.-based grid operator said energy efficiency has more than doubled since 2008 in an annual auction to win commitments from generators and others for power available three years from now. The result is that electricity use previously projected to rise by 0.9 percent annually between 2012 and 2021 will instead be flat.
The increased efficiency also will help utilities save money by skipping transmission upgrades. ISO said the region can defer 10 transmission upgrades that earlier studies showed were needed to ensure reliability. Deferring the upgrades will save an estimated $260 million, ISO said.
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