ALBANY – New York’s electricity regulator is demanding Con Ed devise a plan to address the reliability of the Big Apple’s grid — after frightening concerns about the potential for blackouts came to light.
The move follows stark warnings from the independent operator of the Empire State’s electric grid that increased electricity demand and decreasing fossil fuel generation capacity may lead to power outages in New York City as soon as next summer.
“If these risks materialize without timely action, the consequences could extend beyond operational challenges to widespread impacts on public safety, property, and economic activity,” New York’s Independent System Operator wrote in a report this month…