NEW YORK - New York's electric grid will face supply shortfalls if the rate of retiring old fossil fired power plants continues to quickly outpace the addition of clean new energy supply at the same time demand rises, the state's grid operator said on Thursday.
At the same time traditional supply shrinks, demand from energy-intensive data centers and manufacturing, along with the climate-driven electrification of cars and buildings, is on the rise. In the heat wave scenario, total grid supply would sit at about 34,500 megawatts and demand would rise to 33,300 MW, leaving the system well short of the 2,600 megawatts of operating reserves needed to stay reliable, NYISO said.