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.
General assumptions regarding winter operations will need to be replaced with actual data to improve PJM’s winter resource adequacy analysis.
Load forecast data for the MISO 2017/18 PRA shows that all local resource zones have enough capacity to meet their clearing requirements.
MISO will roll some capacity sitting in the definitive planning phase of its interconnection queue into the annual OMS-MISO resource adequacy survey.
ERCOT’s latest seasonal assessment of resource adequacy indicates more than 82 GW of generation for an expected spring peak demand of 58 GW.
MISO is looking to improve its annual resource adequacy survey by expanding the scope of potential projects included.
Participants in the Energy Imbalance Market (EIM) should not rely on it to reduce their capacity requirements, CAISO cautioned.
FERC approved the Atlantic Bridge pipeline project, which will expand natural gas delivery capacity in New York and New England.
SPP stakeholders approved a 12% planning reserve margin, a new demand curve and 10 revision requests at the Markets and Operations Policy Committee meeting.
MISO’s Resource Adequacy Subcommittee will make discussion of gas-electric coordination a priority throughout the first quarter of the year.
MISO has come up with two possible responses to its IMM’s suggestion to apply its physical withholding threshold to affiliated participants collectively.
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