“Last week the utility Consolidated Edison announced a moratorium on natural-gas hook-ups in New York City’s Westchester suburb due to pipeline constraints. “You have a lot of natural gas around the country, but getting it to New York has been the strain,” said utility spokesman Mike Clendenin. Developers are warning that they will have to put projects on ice until natural-gas constraints are eased.”
“New York’s plan to put the state’s last coal-fired power plants out of business hasn’t even been approved yet and electricity is already trading like they’re shut. The price of power in 2021 in New York City and other regions surged more than 30 percent beginning in May. The only major difference between then and now: a pending state rule to limit power-plant emissions that was designed to eliminate coal-burning power plants by the end of 2020.”
Continue reading Proposed New York coal plant closures raises power prices 30%
And poorer, too. “Energy storage has become a major focus of the state’s groundwork toward its carbon-free goals.” Battery technology is so far an expensive joke — actually increases emissions.
