This Week
  • UTC Retail Inc. grabbed the top spot on the 2014 Rochester Top 100.

  • Jean Maess is the site executive for Thomson Reuters, a top local employer.

  • UTC Retail Inc. grabbed the top spot on the 2014 Rochester Top 100.

  • Kelby Russell wants you to know: Local wines are among the world's finest.

  • The nominees for the upcoming 2014 Philanthropy Awards are profiled.

  • WebTitle Agency continues to grow following its 2012 merger with Customized Lenders Services.

Report: N.Y.'s electric power grid on threshold of change

Rochester Business Journal
June 18, 2014

New York’s electric power grid is on the threshold of significant change because of increasing demand and other changes to the system, a report by the New York Independent System Operator says.

The state set two seasonal records for peak electric load in two months, with an all-time peak set in July 2013 and a winter peak set in January 2014, said the report, titled “Power Trends 2014: Evolution of the Grid.”

Peak demand in New York is forecast to grow at an annual rate of 0.83 percent through 2024; the use of electricity is expected to grow by 0.16 percent in the next 10 years, the report said.

That means the amount of power used during periods with the highest demand for electricity is expected to increase at a faster rate than the amount of power used on a daily basis, the report said.

Significant turnover among resources servicing the demand, the emergence of distributed energy resources and increasing dependence on natural gas to generate electricity will present challenges and opportunities for the state’s system, NYISO reported.

“New York faces a range of issues that impact reliable operation of the power grid and electricity markets but active collaboration among stakeholders and across neighboring regions, along with continued analysis of economic trends, high-tech upgrades and thoughtful implementation of public policy, remain the best path toward developing effective solutions,” NYISO President and CEO Stephen Whitley said in a statement released Tuesday.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google