September 29, 2024

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.
Fluor
Texas PUC Establishes $5B Energy Fund
Texas regulators have adopted a new rule establishing the Texas Energy Fund In-ERCOT Generation Loan Program, a $5 billion fund designed to bring new dispatchable power projects to the state.
FERC, via Hitachi ABB Power Grids Velocity Suite
FERC: Markets Stable in 2023; Gas Continues to Dominate Mix
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
© RTO Insider LLC
MISO Members Doubt Severity of Long-term RA Alarm Bells
Multiple MISO members appeared skeptical at their quarterly meetings that the RTO is destined to face capacity shortfalls before the turn of the decade.
NERC
Counterflow: Hair (and Pants) on Fire

The Washington Post’s warning that “America is running out of power” lacks context and distracts us from the real work at hand, says columnist Steve Huntoon.

NYISO
NYISO Recounts Mild Winter
The Operating Committee was briefed on one of NYISO’s most humdrum winters, characterized by high temperatures, low gas prices and below-average loads.
PJM
PJM OC Briefs: March 7, 2024
PJM's Operating Committee discussed low reserve response during a spin event in February and the possible impact April's solar eclipse could have on generation and load.
CAISO
DMM: CAISO Transfer Limitations During Q3 Heat Waves Led to Price Disparities
CAISO's Department of Market Monitoring found that limits on WEIM imports last year led to increased transmission congestion in the ISO's markets.
© RTO Insider LLC
FERC’s Christie Warns of ‘Very Dark Place’
FERC Commissioner Mark Christie brought his message of the need for grid reliability to the Gulf Coast Power Association's MISO-SPP Forum, saying the U.S. is "heading for a very dark place."
TVA
Tenn. Congressmen Introduce Bill to Make TVA IRP Process More Public
Two Tennessee congressmen have introduced a bill to force TVA to make its integrated resource planning process more transparent.
Ken Lund CC-BY-SA-2.0 via Wikipedia Commons
NV Energy OK’d for Coal Plant Conversion, Solar+Storage Project
Nevada regulators approved NV Energy’s plan to convert its last coal-fired power plant to natural gas, while also allowing the company to move forward with a $1.5 billion, 400-MW solar-plus-storage project.

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