NERC Warns of “Urgent Need” for More Electric Power Next 10 Years

The North American Electric Reliability Corporation (NERC) released its 2024 Long-Term Reliability Assessment? (LTRA) yesterday. The LTRA highlights *critical* reliability challenges that the power industry is facing over the next 10 years, including satisfying escalating energy growth, managing generator retirements, and removing barriers to resource and transmission development. The LTRA concludes that well over half of the continent is at elevated or high risk of energy shortfalls over the next 5 to 10 years.

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