So selling Wyman is not just a matter of getting out of the oil business, it’s also about NextEra cutting its losses. The other municipalities included Boylston, Holyoke, Hudson, Hull, Littleton, Marblehead, Middleborough, Middleton, North Attleborough, Shrewsbury, and Wakefield. 4. The lawsuit was thrown out of court after only two hours. NextEra has solidified the fly ash in a 2.6-acre lagoon by mixing it with a slurry of concrete, but it is unknown whether there might be environmental hazards, such as PCBs, mercury, and asbestos, to deal with.
So NextEra has power purchase agreements that commit it to producing power or purchasing it elsewhere into 2017. Casco Bay Blight Yarmouth’s hulking power plant faces an uncertain future. Contributing editor Edgar Allen Beem has been writing for, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Start typing to see results or hit ESC to close.
Ludlow, MA 01056, Phone: (413) 589-0141 In July 2019, after 43 years, MMWEC sold its ownership interests in Wyman Unit 4. Currently, NextEra pays about $2 million a year on an assessed value of $95 million, but Wyman’s value is expected to keep depreciating.
The Wyman plant, on Cousins Island, was built on a 122-acre site in 1978, as a base-load generation unit. “It’s too expensive, and you can put a gas project just about anywhere.” Conversion to gas would also require bringing a major gas pipeline to Cousins Island from as far away as Westbrook. As soon as Yarmouth town officials heard that Wyman Station was up for sale, the town manager and the town’s attorney flew down to Juno, Florida, to ask that NextEra partner with the town in planning an exit strategy and the future of the town’s largest taxpayer. The Wyman 4 plant produces electricity by burning oil, a practice Stowe said WG&E would rather avoid. Back when FPL purchased Wyman Station, the company announced it would convert the plant to natural gas. We use cookies to ensure that we give you the best experience on our website. NextEra declines to say how often Wyman actually runs or how much power it produced last year. Marketing and Communications Specialist for Westfield Gas and Electric Lisa Stowe, said part of the reason for the sale was that the plant had lost profitability. When it came online, it marked a milestone for MMWEC and its project participants. Other possibilities that Yarmouth officials have heard mentioned are a buffer plant for bringing offshore wind power to land and a terminus for an undersea cable to bring electricity from Maine to the Boston market, relieving the transmission bottleneck through New Hampshire. Westfield was one of 12 local municipalities that received power from the plant in Maine as part of MMWEC for 43 years. Promoting alternatives, Nagusky says, will mean “we no longer need [Wyman Station].”, A sea change in the energy market over the past twenty-five years is also rendering Wyman obsolete. Stowe said that she is unsure how much the sale of the Wyman 4 stake was for, and how much of that money will be seen by WG&E. 6 oil-fired generating plant located in Yarmouth, Maine. Natural gas is a cleaner-burning fuel than oil or coal, but it is a fossil fuel, and it is not a renewable energy source. In 1990, the leading sources of in-state electricity generation in Maine were nuclear power, hydropower, and oil. In 2001, the Maine Department of Environmental Protection (DEP) required Wyman Station to install pollution controls designed to reduce the plant’s emissions of nitrogen oxide by 800 to 1,200 tons a year, an action hailed by the Natural Resources Council of Maine (NRCM) as “Maine’s biggest air pollution victory in thirty years.”. And since owner NextEra Energy Resources, a division of Florida Power & Light (FPL), put Wyman on the market this spring, many people are wondering whether this artifact of the old oil economy has any future in the twenty-first- century energy market. MMWEC owned approximately 3.7 percent, or about 22 megawatts of the unit’s capacity, until it sold its ownership interests in 2019. See news release here. “It will run this winter, but even when it runs this winter, it is only designed to cover costs, not make money.”, But NextEra spokesman Steven Stengel insists, “We believe we will be successful in finding a buyer for our Maine fossil assets.”. Put another way, NextEra Energy Resources, America’s largest owner-operator of wind and solar generating facilities, is getting out of the oil business and out of Maine. WG&E is no longer a member company of MMWEC, but it had retained its ownership stake in the plant until now. And an undersea cable from the decommissioned Maine Yankee site in Wiscasset to Boston, the so-called Green Line Project, was proposed back in 2007 and so far has gone nowhere. The short answer is probably not. But Dylan Voorhees, clean energy director of NRCM, argues that NextEra’s getting out of oil and into wind sends a clear and hopeful message about our energy future, even if it does not include Wyman Station in the long term. “Further details are considered sensitive competitive information.”. Wyman Unit No. See news release here.. Wyman History: Wyman, which began operation in 1978, is … That’s good news to David and Pamela Adams.
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