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June 18, 2014

New York’s electric power grid is on the threshold of significant change, and collaborative efforts are needed among industry participants and policymakers to address the associated challenges and opportunities, according to a new report from NYISO. The report, “Power Trends 2014: Evolution of the Grid,” finds that higher peak electricity demands, significant turnover in the portfolio of power resources serving those demands, the emergence of distributed energy resources and the increasing dependence on natural gas to generate electric power will present challenges and opportunities for New York’s electric system. It explains that peak load is outpacing average demand; power resource margins are narrowing; fuel diversity concerns persist; and removing barriers to the efficient flow of power between regional electric systems can increase operational flexibility, optimize available resources and enhance system resilience.

http://readme.readmedia.com/NYISO-Issues-Power-Trends-2014/9105601