Resource Adequacy
Resource adequacy is the ability of electric grid operators to supply enough electricity at the right locations, using current capacity and reserves, to meet demand. It is expressed as the probability of an outage due to insufficient capacity.
CAISO's Resource Adequacy Modeling and Design "workshop" is designed to reevaluate and refine several mechanisms the ISO uses to ensure resource adequacy.
ISO-NE’s regional energy shortfall threshold will rely on a pair of metrics intended to capture the intensity and duration of energy shortfall risks in extreme weather scenarios, the RTO told the NEPOOL Reliability Committee.
Stakeholders are split on whether FERC should adopt additional changes to its generator interconnection rules, or focus on implementing Order 2023 while letting specific regions go further on their own, according to comments filed after a September technical conference.
The power industry should encourage increased collaboration and transparency to address the many challenges posed by major new loads, presenters said during NARUC's 2024 Annual Meeting.
MISO doesn’t foresee a scenario where it comes close to risky operations in the upcoming winter.
FERC and a group of regulators from 10 states began discussing gas-electric coordination at the first meeting of the new Federal-State Current Issues Collaborative.
MISO said it will design an expedited resource adequacy study process so generation projects in the interconnection queue that are needed for capacity sufficiency will get grid treatment sooner.
Load-serving entities that decide against participating in MISO’s capacity auction must secure anywhere from 1.5% to 4.2% beyond their reserve margin requirements in the 2025/26 planning year.
MISO members will likely have to add 343 GW of installed capacity by 2043 to meet policy goals while maintaining resource adequacy, the RTO said in preliminary results from its annual Regional Resource Assessment.
Change is coming to FERC after Tuesday's election, but the policies the agency oversees are rarely top of mind during campaigns, so it is unclear how much will be different.
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