…New York State’s Plan Uses 63% Unreliable Sources…
New York State’s Climate and Community Protection Act calls for 100 percent zero-emissions electricity (including hydropower and nuclear) by 2040. It also targets a greenhouse-gas (GHG) emissions reductions of 85 percent by 2050 (compared with 1990 levels).
The accompanying figure is a projection by McKinsey and Co., which includes a shift to electrification of new buildings and, to some extent, battery-powered vehicles.
The projection is for approximately 215 Terawatt-hours in 2040, compared with 160 TWh in 2020.
Wind and solar would provide 135 TWh, or 63% of the total.
Natural gas and coal, the least costly methods for generating electricity, would be entirely eliminated.
PV Solar and Offshore wind are two of the most costly methods for generating electricity and are, conservatively, more than twice the cost of electricity produced from natural gas. And this high cost doesn’t include the cost of new transmission lines to bring the offshore wind to where it’s needed across New York State.
It will be interesting to see how offshore wind (dark blue, supplying 28% of all New York State’s electricity) survives the next Super Storm Sandy.
As McKinsey notes, there will be a need for large amounts of storage, which is extremely costly.
No one knows the exact cost of storage, though an analysis has determined it will be in the trillions of dollars for a system the size of NewYork’s. See, Four Minutes for $150 million
New York State’s plan for eliminating GHG will result in a huge increase in the cost of electricity and will force residents to depend on unreliable sources for their electricity.
These are irrefutable facts:
Higher costs and less reliability are the virtually guaranteed result of New York State’s plan.
. . .