Back to Search Start Over

New York Grid Sees Peak Power Demand Rising 10% This Summer.

Authors :
Malik, Naureen S.
Source :
Bloomberg.com; 5/18/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

The New York grid is predicting a 10% increase in peak power demand this summer compared to last year, which had unusually mild weather. The grid operator has stated that they currently have enough supplies to meet the rising demand. However, if there is a heatwave with temperatures reaching 95F for three consecutive days or more, there could be a shortage of power supplies, with the deficit increasing as the weather gets hotter. The push to electrify the economy is adding strain to aging infrastructure, and the US is struggling to replace retired power plants. Consumers may be asked to conserve power use in extreme conditions. The New York ISO is forecasting a shortage of about 1.4 gigawatts if temperatures reach 95F for three consecutive days or more, and a deficit of over 3 gigawatts in 98F heat. The grid has emergency measures in place, including programs to curtail usage, and has about 3.3 gigawatts of supply it can tap into. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
177324012