Please do not leave this page until complete. This can take a few moments.
Solar and wind power production, though still only a small contributor to the region’s overall power supply, has started to reduce demand on traditional power plants, according to ISO New England, which operates the region’s bulk power system and wholesale electricity market.
In a report released Friday, ISO predicted that growing availability of solar- and wind-generated power over the next 10 years, coupled with energy-efficiency measures, will reduce the total annual demand for conventionally produced electricity by 0.6 percent per year. The summer peak demand will be reduced by a more modest 0.1 percent annually by 2026 under normal weather conditions, the report said.
The study predicts adequate electrical power generation overall in New England through at least 2021, including 515 megawatts from energy-efficiency measures, 6 megawatts of new wind power, and 5 megawatts of new solar power. That accounts for older generating-plant retirements, the ISO said.
From 2010 to summer 2020, power plant retirements will take offline about 4,800 megawatts of generating capacity, the report said. Older oil- and coal-fired and nuclear generators face retirement due to economic and environmental pressures, the report said.
The retiring plants are likely to be replaced by natural-gas-fired power plants and renewable energy resources such as wind and solar, ISO said.
As of April, about 12,899 megawatts of generation sources had applied to connect to the region’s high-voltage power system, ISO reported. But historically, the connection backlog has had an attrition rate of 68 percent, ISO said, meaning only 32 percent actually make it to connecting with the grid.
Solar-produced power totaled 1,918 megawatts by the end of 2016, ISO said. By the end of 2026, solar is expected to contribute 4,733 megawatts.
New England also already has 1,300 megawatts of wind generation capacity, and about 5,400 megawatts more had been proposed as of April.
Connecticut and the rest of Southern New England are “the most reliable and economic place” for such resource development, the report said.
This special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Learn moreHartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
SubscribeDelivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments