- Developers of Propel NY Energy are at NY Power Authority regarding a project that awaits permits from the U.S. Army Corps of Engineers and will take place in North Shore communities like Hempstead.
- A critical infrastructure upgrade to the electric grid is underway in New York State.
Consolidated Edison increases grid investment amid NYC electrification demand
What happened
Consolidated Edison is increasing its electric grid investment to meet higher power demand in New York City, driven by the electrification of transportation and building heating. The utility is building four substations in Brooklyn and Queens, with each representing an investment of roughly $1 billion. ConEd's electric capital investment has risen 70% in the current three-year period compared to the previous three years.
From dowjones.com
Why it matters
The shift toward electric heating and vehicles is expected to make winter the peak-demand season for the grid by the mid-2040s. ConEd is expanding transmission and substation capacity to accommodate growing electricity needs, noting that customers are requesting about 25% more capacity for new connections.
A critical infrastructure upgrade to the electric grid is underway in New York State.
From dowjones.com
Who's involved
- Consolidated EdisonEnergy company expanding grid capacity to meet rising demand.
- New York CityLocation experiencing increased power demand due to electrification.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BrooklynSpeculative
Might see infrastructure investment via utility expansion in Brooklyn.
- QueensSpeculative
Might see direct infrastructure investment in substations to meet growing demand.
- Public Service CommissionSpeculative
Might face regulatory action and oversight due to increased capital investment.
Keep exploring
Part of
A critical infrastructure upgrade to the electric grid is underway in New York State.Also in this story
- Gary Cunningham warns about potential New York grid failure, while East River plants are noted to serve NYC defense.
- Collaboration launched for a $3.26 billion energy infrastructure project involving underground lines to improve the statewide electric grid.
- A moratorium in New York is underway, focusing specifically on the viability of the state's energy market and infrastructure.
- Grid operators are importing power from Canada to help manage the critical infrastructure upgrade underway in New York State.
The entities involved
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Consolidated Edison
energy company in the United States
Nothing else this week.
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New York City
most populous city in the United States