New York’s power grid operator on Thursday forecast that demand for power from the system will decline over the next decade due to efficiency programs and as more homes and businesses generate their own electricity on site.
The New York Independent System Operator (NYISO), the grid operator, projected power demand would decline at a rate of 0.14 percent per year through 2028.
Annual electric usage in 2017 fell to its lowest level since 2001, according to the NYISO. In 2017, demand peaked at 29,699 megawatts (MW), which was 7.4 percent below 2016’s peak of 32,075 MW and 12.6 percent below the record peak of 33,956 in 2013. One megawatt can power about 1,000 U.S. homes. Read More