Showing posts with label electric grid. Show all posts
Showing posts with label electric grid. Show all posts

Friday, May 10, 2024

CommonWealth Beacon: "Big electricity shift coming: Are we ready?"

"THE LONG-AWAITED electrification of the New England economy is starting to happen.

From 1995 to 2005, the demand for electricity produced by the region’s power grid steadily increased, growing nearly 21 percent as the New England economy expanded and homeowners and businesses installed air conditioning units at a rapid clip.

From 2005 until 2023, however, demand for power from the grid slid 16 percent. Modest growth in electricity consumption was more than offset by growth in energy efficiency savings and solar installations, both of which reduced demand for power from the grid.

Now, according to a new study by grid operator ISO New England, the pendulum is swinging in the opposite direction. Demand for power from the grid is expected to grow by more than 17 percent over the next 10 years, as electrification of vehicles and home heating drives up consumption, more than offsetting growth in energy efficiency and solar installations."
Continue reading the article online -> 

Download the ISO New England report directly from here ->

CommonWealth Beacon: "Big electricity shift coming: Are we ready?"
CommonWealth Beacon: "Big electricity shift coming: Are we ready?"