The challenge of energy policy in New England
AbstractNew England needs a reliable supply of energy for its day-to-day functioning and its economic growth. The right mix of fuels and technologies must be in the right place at the right time, all the time. Because of the long lead times in building energy infrastructure, ensuring system reliability requires making decisions, investments, and policy today that will allow the region to meet expected demand many years from now, while at the same time buffering the region from the impact of unexpected short-term changes in energy markets. And this, in turn, requires both well-functioning markets and carefully crafted public policies.
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Bibliographic InfoPaper provided by Federal Reserve Bank of Boston in its series New England Public Policy Center Working Paper with number 05-2.
Date of creation: 2006
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