The winter of 2013-14 offered up a perfect storm of natural gas price spikes and threats to electric reliability. Expect more of the same.
Integrating renewables in New York.
capacity of Quebec to balance the intermittency of wind. Hydro Quebec also will benefit from the ability to buy renewable energy at low prices and conserve hydro resources, which then can be offered at times of greater need. NYISO will also be implementing more frequent scheduling with ISO New England and PJM. That will allow wind energy to be more effectively integrated regionally.
New York has developed new market mechanisms intended to effectively incorporate large amounts of renewable energy in the future. New York is positioned to effectively accommodate up to six times the current levels of intermittent energy without impacting system reliability. This will help drive new investment in renewable energy in New York, as well as significant consumer benefits.
1. United Nations Environment Programme – Global Trends in Sustainable Energy Investment 2010.
2. Growing Wind: Final Report of the NYISO 2010 Wind Generation Study , September 2010.