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.
The new year’s frigid temperatures resulted in a new winter peak demand for ERCOT Wednesday morning.
The ERCOT year-end Capacity, Demand and Reserves (CDR) report projects a 9.3% planning reserve margin for 2018.
MISO said it will defer any initiative to account for outages in capacity planning until it kicks off a broader discussion on overall resource availability.
Generation coming online in the next few years will be enough to maintain reliability after the Indian Point nuclear plant shuts down, NYISO said.
MISO will pre-emptively refile its current resource adequacy construct for FERC approval Friday.
NERC released its annual Long-Term Reliability Assessment, urging preservation of “essential reliability services.”
ERCOT’s summer peak demand is expected to reach 85.01 GW by 2027, a 22.36% increase over this summer’s peak.
MISO’s Zone 4 either has sufficient reserves or is in dire straits, depending on the viewpoint expressed at an Illinois Commerce Commission workshop.
California regulators are set to vote next month on a proposal that CCAs be subject to the resource adequacy requirements of electric utilities.
New York’s electric system has the capacity to meet peak demand for electricity during extreme cold weather conditions through the 2017-2018 winter season.
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