Associated Industries of Vermont convened its 89th annual meeting Oct. 6 at the Capitol Plaza Hotel in Montpelier. Vermont is currently seeing a convergence of several very significant energy policies that pose imminent challenges for the state and carry serious implications for Vermont's ratepayers.
The legislature, public service board, public service department, and utilities will make critical decisions in the coming months. In addition to looming questions regarding the fate of Vermont Yankee, decisions on future contracts with Hydro Quebec are also coming due placing two-thirds of Vermont's energy supply in question in the near future.
At the same time, the debate continues between market forces versus state mandates regarding renewable energy development. On top of this, regional, national, and international plans are being developed for transmission strategies and projects that will not only impact the sources and generation types in Vermont's own portfolio, but that of the region-all with cost and construction implications not entirely under Vermont's control.
AIV's annual meeting provided presentations from key players in these unfolding events, a panel discussion with some of Vermont's top decision makers and stakeholders, and a luncheon address by Gov. Jim Douglas.
Founded in 1920, AIV is Vermont's oldest manufacturing and business lobbying group.