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.
ISO-NE expects growing energy efficiency and behind-the-meter solar generation to more than cancel out load growth over the next 10 years.
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PJM has reduced its installed reserve margin, largely because of a drop in the equivalent forced outage rate.
Consumers Energy
Michigan regulators issued an order outlining how electricity providers must demonstrate they have enough capacity to serve their customers for four years.
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MISO has decided to delay the formation of external resource zones and seasonal capacity.
ERCOT’s latest resource adequacy forecasts project the Texas grid will have sufficient installed generating capacity this fall and winter.
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EIM market participants voiced concerns about fluctuating load forecasts that make it harder to pass resource sufficiency tests.
Generation owners in CAISO are urging changes in an ISO reliability proposal for determining which unprofitable generators are eligible to receive payments.
FERC rejected SPP’s proposed Tariff revisions requiring load-responsible entities (LREs) to maintain sufficient capacity and planning reserves.
CAISO stakeholders are urging it to develop a plan to procure the flexible capacity resources needed to manage the integration of renewable generation.
CAISO unveiled its latest revisions to a program meant to compensate uneconomic generation units needed to maintain reliability.
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