The Northeast Power Coordinating Council Reports: Annual Assessment Forecasts Adequate Electricity Supplies for this Summer

(Assessment covers the City and State of New York, New England,
and Eastern Canada)

NEW YORK–(BUSINESS WIRE)–The Northeast Power Coordinating Council, Inc. (NPCC) today released the
results of its annual summer reliability assessment. The assessment
concludes that the NPCC Region will have an adequate supply of
electricity this summer, based on thousands of simulations covering a
wide range of system and weather conditions.

The overall NPCC forecast for electricity peak demand has decreased by
about 1,100 MW from last yearÔÇÖs forecast to 104,137 MW. This continues a
multi-year trend of declining forecast demand due to energy efficiency
and conservation initiatives along with continued increase of
ÔÇ£behind-the-meterÔÇØ photovoltaic resources in New York, New England and
Ontario.

Since last summer, NPCCÔÇÖs installed net capacity has increased by
approximately 3,000 MW to 161,307 MW. ÔÇ£About two-thirds of the new
capacity consists of natural gas-fired generation primarily with
dual-fuel capability located in New York and New England. The remaining
capacity consists of Canadian renewable wind and hydro resources,ÔÇØ said
Edward Schwerdt, President and CEO of NPCC.

For New York City, New York State, New England and Ontario, an adequate
supply of electricity is forecast. The winter peaking Qu├®bec and
Canadian Maritime Provinces are expected to meet forecasted electricity
demand by a wide margin.

ÔÇ£Over the past several years, the combination of reductions in expected
peak demand, increased resource capacity and transmission system
improvements has made the NPCC system more reliable,ÔÇØ added Schwerdt.

The assessment considered an array of severe system conditions including
the impact of: 1) extended maintenance; 2) reductions in demand-response
programs; 3) reductions in the ability to import power from neighboring
Regions; 4) transmission constraints; and 5) extreme weather
characterized by wide-spread and prolonged heat waves with high humidity
and temperatures.

Established operating procedures are available, if needed, to maintain
reliability for the unlikely simultaneous occurrence of severe system
and extreme weather conditions.

A summary of the NPCC 2018 Summer Reliability Assessment is available
at: www.npcc.org
on the Home Page under the ÔÇ£Latest NewsÔÇØ header.

About NPCC

The NPCC geographic region includes the State of New York and the six
New England states as well as the Canadian provinces of Ontario, Qu├®bec
and the Maritime provinces of New Brunswick and Nova Scotia. Overall,
NPCC covers an area of nearly 1.2 million square miles, populated by
more than 56 million people. In total, from a net energy for load
perspective, NPCC is approximately 45% U.S. and 55% Canadian. With
regard to Canada, approximately 70% of Canadian net energy for load is
within the NPCC Region.

One of NPCCÔÇÖs responsibilities is to coordinate international electric
power grid reliability for Northeastern North America. Toward that end,
NPCC annually performs comprehensive seasonal assessments of electricity
supply and demand reliability for eastern Canada, New England and the
City and State of New York. These assessments require months of detailed
preparation and are performed with the participation of regional
electricity power grid operators and planners.

Contacts

Northeast Power Coordinating Council, Inc.
Stephen Allen,
617-640-6522