“Emissions are down and electricity prices have hit historic lows in the New York Independent System Operator’s (NYISO) markets, CEO Richard Dewey told reporters at a press conference on Wednesday. However, achieving the state’s long-term emissions goals will require the use of new technology, he said.
COVID-19 had a “dramatic downward impact” on energy demand Dewey said, but the state has recovered faster than expected, and electricity consumption already exceeds the ISO’s forecasts for 2021.
Multiple transmission projects, some already under construction, will improve New York’s ability to move wind and solar energy from the northwest of the state to population centers in the southeast, Dewey said. But wind and solar alone cannot satisfy the state’s projected demand long-term, he said.”
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Penrod, Emma. Utility Dive 6 May 2021.