On January 17, 2018, ISO New England (“ISO”) released a draft of its Operational Fuel Security Analysis. This study lays out many different possibilities for a 2024/25 winter, assessing the electric grid’s reliability under a varying array of assumptions. ISO’s main finding is clear: adding more renewables and more imports, and increasing the availability of LNG deliveries and backup oil during supply emergencies, will all contribute to improved system reliability.
Preface from Larry Chretien, Executive Director:
Readers of this blog should be aware that we are enthusiastic supporters of electric vehicles and air-source heat pumps. Costs of these products have come down in recent years while quality has gone up. We see them as economically sensible ways to reduce greenhouse gas emissions, to the point that we see them as essential parts of any climate action plan. That would mean for a plan for Massachusetts, Rhode Island, any other state, your city or town, and your family. In our work, we are lucky to come in contact with experts who have figured all this out and who are kind enough to explain their findings to the rest of us. So please enjoy this blog from our guest, Patrick Knight of Synapse Energy Economics.