New York power grid operator says should be good to go until 2019

Thu May 30, 2013 4:33pm EDT
 
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May 30 (Reuters) - New York's electric grid operator said on Thursday the state should have enough power resources to meet customer needs until at least 2019, if demand grows as currently forecast.

In 2013, the New York Independent System Operator (NYISO), the state's grid operator, said in its "Power Trends" report New York has over 41,000 megawatts (MW) of generation, transmission and demand side resources.

That is more than enough power to meet projected demand and reserve margin requirements of nearly 39,000 MW, the NYISO said.

One megawatt can power about 1,000 homes.

The grid operator said growth in power demand in the state has been dampened over the past couple years by the effects of the recession and energy efficiency programs.

Total usage in 2012 was 162,842 gigawatt hours (GWh), down from 163,330 GWh in 2011 and 163,505 GWh in 2010, the NYISO said.

Despite a mostly rosy forecast, the NYISO the future of the giant Indian Point nuclear plant was one of the biggest risks to the reliability of the state's grid.

Indian Point is located about 40 miles (64 kms) north of New York City on the Hudson River in Buchanan, New York. It supplies about a quarter of the power used in the city.

But the original 40-year operating licenses of the two reactors at the plant expire in 2013 and 2015.   Continued...