Alternatives to the Indian Point Energy Center for Meeting New York Electric Power Needs (2006) / Chapter Skim
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Abstract, Summary, and Findings
Abstract, Summary, and Findings
Pages 1-7
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oping options for maintaining a reliable electric energy sup Based on all of the information available to it, the com- ply for the New York City metropolitan area. The report mittee identified no insurmountable technical barriers to the discusses in greater detail various aspects of this challenge replacement of Indian Point's capacity, energy, and ancil- and includes specific conclusions and findings.
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In southeastern New York, the all or some part of Indian Point by a date certain, the com- reliability criteria also impose specific locational resource mittee anticipates that a technically feasible replacement requirements, reflective primarily of New York City and strategy for Indian Point would be achievable. Replacements Long Island's situation as very large demand centers at the for Indian Point would be in addition to generating and trans- end of the transmission grid.
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Most tial indirect costs to the community at large and state and germane to its evaluation of replacement options for Indian local governments, including any loss of tax base from the Point, the committee learned that even with the Indian Point plant, labor dislocation, or loss of income from reduced plant units operational, New York State will require system reinoperations that might be associated with the closure of the forcements, above those already under construction, as soon Indian Point facility. as 2008 in order to meet its projected demand for electricity Indian Point sits on the banks of the Hudson River whose and maintain system reliability in the Lower Hudson Valley protection has been a focal point of the American environ- and New York City area served by the Indian Point units.
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This strategy would be based on a detailed assessment of the current market struc 1All projections in this report should be understood to be approximate at ture and might well require significant changes in New best. Not only are estimates of load growth uncertain, but assumptions of York's current laws and regulatory policies, such as reauthowhere new generating and transmission capacity will be added, constraints on system operations, and the analytical methodology that is used would all rization of the state's Article X power plant siting process affect the estimates of reliability and the calculated need for new capacity.
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the former would provide a short-term solution, but in the longer term, such units would probably be relegated to peak ing usage. Owing to the nature of the New York City metroFinding 3: Transmission Options politan region, renewable energy technologies are unlikely The committee finds that improvements in transmission to contribute significant resources by 2015, with the poscapability could significantly relieve congestion in the New sible exceptions of offshore wind power and distributed phoYork system and facilitate the delivery of power from exist- tovoltaics.
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However, by the Indian Point units will not happen just because they given the current market structure for the sale of electric should. The construction and operation of new electric genpower in New York, under which wholesale prices are set on erating facilities, natural gas pipelines, liquefied natural gas a subregional zonal basis that reflects competitive bidding facilities, or electric transmission lines will each inevitably behavior, the committee could not satisfactorily determine encounter hurdles that will have to be overcome if that the increase in the cost of electricity to consumers that might project is to become a reality.
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