Overview
- NYISO’s new five-year assessment flags potential reliability violations starting in 2026 for New York City, extending to Long Island in 2027 and the Lower Hudson Valley in 2030.
- The reports cite dependence on projects such as the Champlain Hudson Power Express, Empire Wind and the Propel NY transmission project to restore margins once they are in service.
- Empire Wind’s expected timeline has been complicated by an April federal halt and subsequent delays, while CHPE is slated to begin delivering power to the city next year.
- Risks are driven by generator retirements, rising peak demand, transmission security limits and reduced availability of certain NYC peaker units under state emissions rules.
- NYISO has begun a process with utilities and market participants to evaluate solutions and says several thousand megawatts of new dispatchable capacity may be needed within a decade as an aging fleet faces more outages.