POWER Magazine•30 days ago
NERC: Winter Grid Reliability at Risk Amid Soaring Demand, Fuel Supply Gaps
Key Takeaway
Developers and large power consumers face increased risk of electricity shortfalls and price volatility during severe winter weather due to fuel supply constraints and insufficient dispatchable capacity.
AI Summary
- •NERC's Winter Reliability Assessment indicates an elevated risk of electricity shortfalls across large parts of North America during prolonged, wide-area cold snaps, despite adequate resources for normal winter peak demand.
- •The primary drivers for this heightened risk are soaring demand during extreme weather events and existing fuel supply gaps, which compromise overall grid reliability.
- •For developers and large power consumers, this signals potential for increased price volatility, curtailment risks, and a critical need for reliable, dispatchable generation or robust backup power solutions during severe winter conditions.
Topics
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Article Content
In its recently released Winter Reliability Assessment, the North American Electric Reliability Corporation (NERC) found that while resources are adequate for normal winter peak demand, large swaths of North America face an elevated risk of electricity shortfalls during prolonged, wide-area cold snaps. Noting that four severe Arctic storms have swept across much of the continent since […] The post NERC: Winter Grid Reliability at Risk Amid Soaring Demand, Fuel Supply Gaps appeared first on POWER Magazine .