The sobering report released today by New York Independent System Operator (NYISO) confirms what the business community has feared: New York’s power generation and distribution systems will not keep pace with the growing demand for electricity, resulting in surging energy prices, blackouts, and lost economic opportunities. Our best option is to follow the path that Governor Hochul has laid out to utilize natural gas and nuclear sources, as well as solar and wind, to maintain reliable and affordable power during the decades it will take for a transition to carbon neutrality. Approval of the NESE gas pipeline construction is one immediate step that the state can take to ensure employers and residents that New York will avoid the crises associated with inadequate power. Long term, market reforms are necessary to ensure that New York is on the path to reliable, affordable, and sustainable generation and distribution. There is no more important priority to ensure the continued economic vitality of our city and state.