5.2.19 - New York ISO Releases Power Trends 2019: Annual State of the Grid and Markets Report
'The electric power system in New York stands at the cusp of the next evolution. New technologies, such as storage and solar, are beginning to enter the wholesale markets. New wind projects, including off-shore projects, are being proposed. Distributed sources of electric power are being located close to consumers. New environmental standards are causing the retirement of resources that have been part of the generation fleet for decades. Power Trends shows how the NYISO is uniquely equipped to handle this evolution and manage a grid in transition.'
'Accelerating these changes are multiple public policy initiatives that are largely intended to address climate change. Whereas last year’s Power Trends discussed the implications of ambitious public policies calling for 50% of electricity consumed by New Yorkers to come from renewable sources by the year 2030, Power Trends 2019 examines the impact of even more aggressive goals.'