New York — S&P Global Platts Analytics expects PJM Interconnection power demand to materialize at lower levels than forecast in the grid operator’s recently released long-term load forecast due to increases in energy efficiency and behind-the-meter generation that could offset end-use consumption.
“Platts Analytics remains significantly more bearish on outlooks for load,” driven by expectations for growth in energy efficiency and …
Houston — The Electric Reliability Council of Texas must massively expand its transmission capacity to move West Texas renewable power to load centers in the eastern half of the state by 2035, a move aimed at accommodating fossil-fuel generation retirements, but experts differ on whether the state government would approve such spending.
ERCOT’s Long-Term System Assessment, mandated to be presented to the state legislature every two years, shows that under various scenarios, locational marginal prices by 2035 could range from less than …
