"Key Natural Gas Facility's Vulnerability Threatens Winter Power Stability in US Northeast"

1 min read
Source: Bloomberg
"Key Natural Gas Facility's Vulnerability Threatens Winter Power Stability in US Northeast"
Photo: Bloomberg
TL;DR Summary

The Everett natural gas import plant near Boston, a key defense against winter blackouts in the US Northeast, is facing closure in May as its primary customer, the Mystic power station, is retiring. Both the plant and the power station are owned by Constellation Energy Corp., which has deemed the power station uneconomic to run under most conditions. This impending shutdown raises concerns about the region's energy reliability during extreme cold seasons.

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