May 14, 2020
Replace NYC peakers with renewables+storage? Plant owners say they’re working on it
New York City ratepayers shelled out $4.5 billion in capacity payments in the last decade to keep 16 fossil fuel-based peaking plants available, according to a recent analysis. Owners of the plants say they are already working to add energy storage and make the facilities more efficient and concede that running them less would help improve air quality.
