New England’s electricity system is rapidly evolving. Thanks to proactive state climate policies and market forces, cheap renewable power is replacing fossil fuels. As the system changes, it is critical that grid operators like ISO New England—which maintains reliability for six New England states by ensuring there is enough power to keep the lights on—accurately evaluates the benefits that renewable resources provide in order to properly value their contribution to the system. Renewable energy like offshore wind can provide crucial reliability benefits to the region, especially during extreme weather events when this energy is most needed.
ISO New England recently published a study examining the impacts of extreme weather—which will become more severe and frequent because of climate change—on the electricity system. One notable result was the performance…