Room, and need, for improvement
- Jan 10, 2022 2:15 pm GMT
The North American Electric Reliability Corporation’s (NERC) end of the year reliability report painted a pretty scary picture of power reliability over the next 3 years. Specifically, the report warned of a possible capacity shortfall in MISO as soon as 2024, as opposed to in 2025 as predicted in the agency’s previous study. The culprits should surprise nobody: the retirement of numerous scalable power plants along with extreme weather and accelerating electrification. The analysis also painted an ugly near-term picture of reliability in California, where there could be up to 75,000 Mwh of unmet energy in 2024 during extreme weather events.
The three culprits I mentioned seem unavoidable at this point. Efficient, mass-scale carbon capture is a ways off and the wheels of global warming are already spinning fast and causing more and more extreme weather. Electrification seems to have finally arrived in earnest, Ford well on its way to rolling out hundreds of thousands of electric F-150s this year. The move away from coal and nuclear also seems part of our collective destiny: California is still going ahead with the retirement of Diablo despite a sophisticated and enthusiastic media push to keep it open.
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