If PSC picks some option other than the staff recommendation it will be a travesty

The Delaware Public Service Committee met today under an ironic banner that read: “Regulating Investor Owned Utilities Since 1949” [Ah…had it lived up to its motto they probably would not have needed the large meeting room in Wesley College to announce a decision on the future of clean energy in Delaware.]

Anyway, there you have it; there was money to be made. In our system if there is a possibility that some rich guys can be made richer by lifting some stupid old regulations you just have to do it, right?

I was only in the beginning of the meeting so I don’t know the final outcome – however – I know the staff recommendations demolished Delmarva’s argument that none of the bids should be acted upon and our energy needs can be met is everyone just conserved a bit more.

The PSC staff found that:

Delaware should take charge of its energy future in a manner that effectively manages risk and obtains benefits of a diverse energy portfolio.”

They further found that Delmarva’s”market based price stability” claims were pure bullshit and likely to create much MORE price volatility and rolling blackouts. If anything, the staff reported, regulation seemed like the minimum that should be done.
The staff report stated:

Delmarva should be directed to negotiate with conectiv and Blue Water Wind for a hybrid generation approach that meets Delaware’s needs.