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 said it will kick off an initiative to refine its generation interconnection process later this year as part of an effort to accommodate renewables.
Market participants remain skeptical of a MISO plan to integrate external resource zones into its annual capacity auction.
CAISO is moving ahead with an effort to create new tools to deal with the variable output from the increasing amount of renewable generation on its grid.
A Central Texas heat wave is leading to surging demand for electricity, helping ERCOT continue its streak of breaking demand records.
MISO has introduced a three-step checklist that owners of BTM generation can use to prove deliverability for the Planning Resource Auction.
The PJM Planning Committee approved revisions to the rules for the Regional Transmission Expansion Plan, agreeing to extend the cycle to 18 months.
MISO planning staff told stakeholders that near-term resource adequacy was not a concern as sufficient generation could handle upcoming changes in the RTO.
MISO staff and the Independent Market Monitor agreed that the surge in MISO South outages are troubling and should be addressed.
A study released by the American Petroleum Institute said policy makers should seek “reliability attributes,” which natural gas is “relatively advantaged” in.
The ERCOT board learned that Lubbock Power & Light’s potential transition from SPP could result in as much as $77 million in increased production costs.
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