Report: New Energy Projects Not Needed for N.H.'s Economic Growth

Mar 7, 2017

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A new report from the UNH Carsey School of Public Policy says New Hampshire doesn’t necessarily need to increase energy production to grow the economy.

The report challenges a widely held economic outlook in the state that says new sources of energy, like gas pipelines or transmission wires, are needed to bring down the cost of electricity for business to grow.

According to researchers at Carsey, New Hampshire businesses and residents actually pay the same or less for electricity than in other parts of the country.

Their analysis also indicates the region’s current pipeline capacity is adequate.

Many businesses and political leaders, including Governor Chris Sununu, have pushed for large scale energy projects in New Hampshire, like Northern Pass.

This new research will likely serve as ammunition for groups opposed to such projects.