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NYISO Board Approves Comprehensive Reliability Plan

July 27, 2015

The NYISO Board of Directors approved the 2014 Comprehensive Reliability Plan for New York’s bulk power system. The plan concluded that the system will meet all applicable reliability criteria under expected system conditions during the study period (2015-2024), and confirmed that the needs detailed in the 2014 Reliability Needs Assessment are being resolved. However, the plan also identified some uncertainties and risk factors that could adversely affect system reliability over the next decade. These include the need for transmission owners’ upgrades to proceed with siting and construction on schedule; the performance of aging generation infrastructure; and higher-than-forecasted load levels. In the absence of new resources, it added, generation capacity margins will diminish as the demand for electricity grows over the next 10 years, resulting in a narrow capacity margin in 2024.

http://readme.readmedia.com/NYISO-Issues-Comprehensive-Reliability-Plan/11687099