ED · 10-Q · 2026Q3 · Full report
Electric Reliability Needs
CONSOLIDATED EDISON INC · 2026-11-05 · Importance 32 · Surprise 24 · No source text
The NYISO reported in October 2026 that the Champlain Hudson Power Express (CHPE) had demonstrated its planned power capability, removing a near-term reliability need from its Q3 assessment. Longer-term concerns remain for the Lower Hudson Valley and New York City beginning in 2032, even assuming CHPE and other planned projects are available. CECONY’s July 2026 report projected New York City electric reliability needs of 125 MW beginning in 2033, increasing to 675 MW by 2036, driven by load growth and generation retirements without replacement generation. CECONY’s proposed contingency plan emphasizes competitive procurement of clean energy resources, including transmission- and distribution-connected battery storage, while preserving transmission infrastructure options.
Key facts
- In October 2026, CECONY and O&R were among New York utilities filing a Proactive Planning Cycle 1 Study Report proposing eight CECONY projects costing an estimated $90 million and three O&R projects costing an estimated $96 million; the proposals require NYSPSC approval and requested cost recovery through a surcharge. source
- CECONY requested regulatory approvals, including cost recovery, for competitive procurement of battery storage. source
- CECONY’s July 2026 Reliability Needs Report projected New York City electric reliability needs of 125 MW beginning in 2033, increasing to 675 MW by 2036. source
- CECONY expects its proposed solutions, if approved, to address the identified ten-year reliability need through 2036. source
- In October 2026, the NYISO reported that CHPE had demonstrated its planned power capability, so the Q3 2026 Short-Term Assessment of Reliability no longer identified a near-term reliability need. source
- The NYISO continued to foresee reliability concerns for the Lower Hudson Valley and New York City beginning in 2032, even assuming CHPE and other planned projects are available. source
- CECONY’s July 2026 Reliability Needs Report deferred the projected need by one year and reduced its size relative to the January 2026 report. source
- CECONY filed a New York City transmission reliability contingency plan with the NYSPSC in July 2026, emphasizing competitive procurement of clean energy resources, including transmission- and distribution-connected battery storage, while retaining flexibility for transmission infrastructure solutions. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | -0.1% | In October 2026, CECONY and O&R were among New York utilities filing a Proactive Planning Cycle 1 Study Report proposing eight CECONY… |
| cash | negative | probable | — | CECONY requested regulatory approvals, including cost recovery, for competitive procurement of battery storage. |
| assets | positive | probable | — | CECONY requested regulatory approvals, including cost recovery, for competitive procurement of battery storage. |
| revenue | positive | probable | — | CECONY requested regulatory approvals, including cost recovery, for competitive procurement of battery storage. |