Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Request a Quote for Your Business

ENGIE Resources is ready to analyze your historical electricity usage data and present appropriate options. Request now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

NYISO Sees Flat Or Declining Power Use, Warns Of Need For Transmission Investment

July 11, 2016

NYISO forecasts stagnant or declining electricity use, steady increases in renewables and gas generation, and modest growth in peak demand in its new Power Trends report. Significant investments in the transmission system will be needed, however, to meet Gov. Andrew Cuomo's proposed Clean Energy Standard, which would mandate 50 percent clean power by 2050, the report warns. Historically low natural gas prices pushed power prices to their lowest level ever in the NYISO territory last year, and the grid operator expects significant growth in distributed energy resources.

http://www.utilitydive.com/news/nyiso-despite-efficiency-der-gains-new-transmission-needed-for-low-carbo/422226/