The issue: The country’s power system has just 26 GW of surplus generating capacity, a recent ICF report notes. And “in high-growth markets like ERCOT and PJM, there is no spare capacity to support new demand beyond next year,” the authors wrote. Within a few years, SERC and NYISO could end up in the same boat.
The fix: 445 GW of nameplate capacity is set to hit the grid through 2030…but less than half will meet peak load. While those new projects sit in the pipeline, ICF thinks demand flexibility will be key to easing the grid pressure.
Molly Glick
Energy Central Team
Mon, Jun 29