Utility Dive•about 1 month ago
Winter peak demand is rising faster than resource additions: NERC
Key Takeaway
The grid faces increasing winter reliability risks and potential price volatility as demand outpaces new generation, favoring flexible resources like batteries and demand response.
AI Summary
- •NERC reports that winter peak demand growth is outstripping new generation additions, signaling potential grid stress and higher capacity costs.
- •New resource additions are predominantly batteries and demand response, indicating a market shift towards flexible, dispatchable resources.
- •Wind capacity has seen declines in some markets, potentially due to capacity changes or retirements, impacting regional supply and renewable portfolio goals.
Topics
capacity-marketpolicystoragewind
Article Content
Batteries and demand response make up the bulk of new resources heading into this winter, the North American Electric Reliability Corp. said Tuesday. Following capacity changes in some markets, wind resources declined.