The Power of Summer

Why is that even a question?

PJM – known by these letters since it became the Pennsylvania-New Jersey-Maryland Interconnection but it now manages electricity grids in 13 states – issued a report in February showing that coal, gas and nuclear power plants are being shut down faster than their generation capacity is being replaced. PJM expects to eliminate 21% of its generating capacity by 2030. Translation: we’ll have lost thousands of megawatts of available power while demand for electricity continues to increase. We all know what happens when electricity demand exceeds supply: blackouts.

Now, to be clear, the available information suggests that complete disaster won’t necessarily come as early as this summer. But as I’ve written before, New Jersey power companies asked customers to cut back on electricity