2018’s Energy Forecast

Posted: January 8, 2018

The new year has arrived with a chilling reminder for New York State: to keep powering thousands of homes and businesses through the extreme heat and cold, the state must have an energy plan.

In last week’s State of the State address, Governor Cuomo addressed the topic of energy with the announcement of several new initiatives to develop new clean energy resources throughout the state. These initiatives are great for New York’s status as a clean energy leader and continue the governor’s commitment to reducing emissions, as indicated in the Clean Energy Standard.

However, a plan for the replacement of Indian Point’s 2,000 megawatts still needs to be produced. While a recent report conducted by the New York Independent System Operator (NYISO) determined that Indian Point’s power can be replaced without the addition of new energy sources, powering New York through extreme heat and cold requires ample baseload power that is available 24/7, rain or shine.

Fortunately, New York’s upstate nuclear plants and natural gas infrastructure will continue to fuel the state following Indian Point’s scheduled closure in 2021. The state should focus on adding additional baseload power sources to the grid, particularly natural gas infrastructure.

We look forward to seeing the state’s plan for replacing Indian Point to maintain its status as “the Empire State” and to fuel our homes and businesses for the years ahead.