A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk
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Everett gas terminal near Boston is slated to close in May as extreme weather tests grid
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Published Jan 06, 2024 • 3 minute read
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(Bloomberg) — A natural gas terminal that’s been operating for more than half a century has been a crucial safeguard against blackouts when bone-chilling cold hits the US Northeast. In less than five months, it’s slated to shut forever.
The Everett gas import plant near Boston is at risk of closing in May, coinciding with the retirement of its biggest customer, the Mystic power station. Both facilities are owned by Constellation Energy Corp., which has said Mystic is uneconomic to operate under most conditions.
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Bloomberg News
2024-01-06 10:20:38
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