Last week, the New York Independent System Operator (NYISO) released its annual “Power Trends” report. The NYISO monitors the reliability of the state’s power system and coordinates the daily operations to distribute electricity throughout the state.
The report “examines shifting patterns of electricity use, a growing need for investment in transmission infrastructure, persistently low natural gas prices, and public policies promoting renewable and distributed resources,” and looks at how they are impacting the state’s energy landscape.
The report finds that demand for electricity in the state is expect fall slightly over the next 10 years, but that NYISO will be facing the challenge of incorporating much more renewable energy into the state’s electric grid. But what the report does not do is provide any guidance to state lawmakers and regulators to lower the cost of energy in New York, which is some of the most expensive in the nation. It’s good to know that we will have an adequate supply of energy for the foreseeable future. We would like to see the state taking steps to ensure that energy consumers – both residents and businesses – can afford this energy.