Full Title: How Utilities Can Ensure Energy Reliability and Affordability
Author(s): Utility Dive
Publisher(s): Utility Dive
Publication Date: October 15, 2024
Full Text: Download Resource
Description (excerpt):
The U.S. is making strides toward decarbonization by electrifying transportation, heating and cooling, and more. But the push to electrify raises several questions for utilities: Where will all the electricity needed to power the electrified future come from? How will policy and regulations impact state and federal decarbonization goals? How will grid reliability be affected, especially in regions that could face an energy shortage?
New England is a perfect case study for these questions. In looking at demand forecasts — and potential supply shortfalls due to a range of factors — ISO New England has turned to co-optimized planning of electricity and gas to ensure a holistic view of the energy landscape. Utility Dive’s latest playbook is a deep dive into the ISO New England case study, including:
– How evaluating power and natural gas market dynamics together helps system operators identify both opportunities and potential shortfalls in electricity demand.
– How ISO New England analyzed the region’s energy trajectory and identified gaps between supply, demand and emissions goals.
– Why co-optimized planning is the key to energy reliability and affordability.