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.
ERCOT is leaving significant amounts of money on the table by not using real-time co-optimization of energy and ancillary services in its market operations.
FERC denied ISO-NE’s request for a Tariff waiver to keep Exelon’s Mystic plant running, instead ordering the RTO to allow cost-of-service agreements.
The ERCOT system set a new record for June peak demand last week, reaching 69 GW on June 27.
The Markets and Reliability Committee approved PJM’s proposed revisions to adjust the methodology for developing the capacity model for winter peak weeks.
MISO Advisory Committee members discussed how to ensure sufficient energy supply at the RTO’s Board Week.
Officials at MISO Board Week meetings pondered why the RTO is likely to face an increasing frequency of emergency conditions in the near future.
FirstEnergy Solutions says ISO-NE’s request to prop up Exelon’s Mystic plant shows why FERC should take emergency action to bail out coal and nuclear.
NYISO Vice President of Operations Wes Yeomans told the Management Committee the ISO is prepared to meet peak demand this summer.
ISO-NE forecasts a net installed capacity requirement value of 34,000 MW for capacity commitment period 2023/24, officials told the PAC.
The D.C. Circuit Court of Appeals ruled that FERC was justified when it denied the Duke Energy's and ODEC's reimbursement requests in 2015.
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