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New England electricity use will grow more than 1% annually amid electrification push, says ISO
"This is particularly true as reliability becomes more valuable with higher electrification of the transportation and heating sectors," Dolan said. "Better aligning the market to match payments for services has long been a goal, but the urgency is now to finally get it right."
Whether its the current market design discussion in ERCOT, ISO New England Inc., or the thoughtful conversation being led by Northwest Power Pool, maintaining adequate regional resources to meet demand during a transition to renewable energy plus the electrification of everything is perhaps the most significant challenge ahead during the decade.
Wholesale market design change will be inevitable.
#resourceadequacy #nerc #energy #renewableenergy #power #keepthebeercold
New England electricity use will grow more than 1% annually amid electrification push, says ISO
The ISO New England grid will be challenged by extreme weather and a changing resource mix, according to a biennial report from the grid operator. Generators say there is increasing urgency to address issues in wholesale markets.
Source: www.utilitydive.com
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