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As population and economic growth strain NYC's energy infrastructure, an integrated plan is proposed to achieve PlaNYC's targets, requiring effort, capital, and political will but promising long-term benefits. Forecasted increases in energy needs and costs drive the urgency for reforming supply and demand, including reducing power prices and CO2 emissions. The plan outlines key actions to improve energy planning, strengthen building codes, support clean energy expansion, enhance grid reliability, and promote energy efficiency through targeted incentives. Join the GreeNYC campaign for sustainable living practices.
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Energy Energy
Executive Summary Population and economic growth will strain the City’s energy infrastructure Three challenges must be overcome to improve the consequences of growth We’re recommending an aggressive, integrated plan that puts PlaNYC’s targets within reach This recommended plan requires significant effort, capital, and political will, but over the long-run, would provide significant and measurable City benefits
Topics for Discussion • The case for action – improving the long-term consequences of NYC’s growth on power and heat infrastructure • Challenges the City faces in reforming energy supply and demand • Our plan for achieving PlaNYC energy goals
As NYC grows, energy needs will increase • New York City population forecast • Millions of residents 2005 - 8.2 million 2030 – 9.1 million • Electrical capacity requirement forecast • Summer peak load, MW 2005 - 11,400 2030 - 14,700 • Electrical consumption forecast • Millions of MWh per year 2005 – 50 million 2030 - 14,700 million • Heating fuels demand forecast • Million MMBtu per year 2005 – 422 million 2030 - 480 million
11 Wholesale electricity costs will increase by ~60% • NYC Power demand • Millions of MWh • Based on ConEd forecast • Extrapolated projection based on historical growth 50% growth (2005-2030) • Could represent a 125-175% increase in City power expenses alone (4% CAGR) • Wholesale power prices • $/MWh (nominal) – assuming constant real gas price after 2009 • Based on ICF forecast 60% growth (2005-2030) • Extrapolated projection based on historical growth
and CO2 and other pollutants will increase • Assumptions Based on business as usual power and heating demand growth Includes impact of Changing Renewable Portfolio Standards (RPS) RGGI ~$4/ton carbon tax around 2010 National carbon tax ~$10/ton by 2015 Millions of metric tons of carbon • Electricity and Building Fuels • From 2005 - 2030
Topics for Discussion • The case for action – improving the long-term consequences of NYC’s growth on power and heat infrastructure • Challenges the City faces in reforming energy supply and demand • Our plan for achieving PlaNYC energy goals
Reducing power prices and CO2 requires displacing inefficient plants • Variable cost • $/MWh Marginal cost producers – generally older, costly facilities set power price • Load factor • % of year in operation • Imports (incl. nuclear)
Power planning involves a maze of state and federal entities • New York State Energy Research and Development Authority (NYSERDA) • New York Power Authority (NYPA) • New York City Government • Con Edison • New York City Power Planning • New York State Public Service Commission (PSC) • Federal Regulatory Commission (FERC) • New York Independent Systems Operator (NYISO) • Power Plant Owners and Operators
Social & structural barriers limit widespread energy efficiency
Topics for Discussion • The case for action – improving the long-term consequences of NYC’s growth on power and heat infrastructure • Challenges the City faces in reforming energy supply and demand • Our plan for achieving PlaNYC energy goals
968 The Energy Plan • 1 • Improve Energy Planning – Establish a New York City Energy Planning Board Modernize electricity delivery infrastructure Reduce NYC’s energy consumption Expand NYC’s clean power supply • Facilitate repowering, construct power plants and dedicated transmission lines Reduce energy consumption by City government • 8 • Accelerate reliability improvements to the city’s grid 12 • 2 Strengthen energy building codes for NYC • 3 • Facilitate grid repairs • through improved coordination and joint bidding • Expand Clean Distributed Generation 13 • 9 Create an energy efficiency authority for NYC (NYCEEA) • 4 Support expansion of natural gas infrastructure • 10 • Support Con Edison’s efforts to modernize the grid 14 Prioritize five key areas for targeted incentives • 5 Foster the market for renewable energy • 11 • 6 • Expand peak load management Launch an energy awareness and training campaign • 7 Key: Energy Infrastructure Energy Supply Energy Consumption
The GreeNYC Campaign Change your light bulbs to CFLsBuy ENERGY STAR appliancesDon’t air condition an empty roomUnplug chargers and appliances when not in useSwitch to green power through your energy providerWalk or take public transportationRecycle your glass, metal, paper and plasticBring your own cloth bag to the grocery storeUse green cleaning productsSwitch to paperless bank statements and online bill paying