In our recent issue of Energy Watch, we provided clients with our annual update of renewable energy in NYISO, ISO-New England, and PJM. For each of the ISOs, we provide details of demand, including state RPS mandates and load outlooks.

ESAI Power provides a detailed analysis of supply including generation by resource type and expected generation additions by type (GW). Our analysis is inclusive of Offshore Wind, Installed Wind, Storage, Solar (DC), Solar (AC), Gas, Coal, Oil, Nuclear, and Biomass.

Detailed supply and demand forecasts underpin ESAI’s REC forecasts for New England and PJM. ESAI also provides an overview of REC price outcomes in New York from NYSERDA’s central procurement process.

ESAI examines Renewable Energy Macro Trends with regard to both U.S. and Northeast generation investment. Total U.S. installed solar capacity (DC) is catching up to a total installed wind capacity. However, with respect to actual generation, solar still lags significantly behind wind output. In the Northeast power pools, ESAI examines development trends as seen in the interconnection queue data. PJM generation development interest has shifted away from gas-fired capacity and is now focused on solar. In New York and New England, development interest has also shifted away from gas, but the focus is primarily on a combination of offshore wind, battery storage, and solar. ESAI’s natural gas outlook provides an overview of Northeast regional gas pipeline development in relation to rising production. An assessment of pipeline takeaway headroom of about 5 Bcf/d in 2022 suggests that Marcellus/Utica production should top out at near 39 Bcf/d, at which point pipeline takeaway capabilities will become constrained.