From the power grid perspective, rapid and uncoordinated growth of electricity demand from an electrified chemical industry may lead to insufficient generation capacity to serve all electricity demand in their service territory, which may, in turn, reduce power grid reliability, leading to electricity rationing, and delay the retirement of emission-intensive generation resources. Degradation of power grid reliability, reinforced by recent failures (e.g., 2021 Texas Power outages and 2021 California wildfire's rolling blackouts), may also inadvertently disincentivize large-scale electrification. Therefore, it is important to implement plant-centric simulation capabilities to understand the power grid impacts of widespread electrification of the chemical industry. This would allow plant operators to estimate the amount and value of power grid support services that individual chemical plants provide. An important future risk and a present simulation capability gap is a lack of cross-sectoral emissions accounting that may lead to emissions leakage (e.g. when electrified plants are supplied from a partially decarbonized power grid, thus shifting emissions to the power sector).