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.
NERC’s 2024 Summer Reliability Assessment found that every region has met its reserve margin targets but that many areas would face difficult operations in lengthy, widespread heat waves.
ISO-NE outlined its current thinking on a potential Regional Energy Shortfall Threshold at the NEPOOL Reliability Committee.
Three years after a deadly winter storm nearly imploded the ERCOT grid, stakeholders in the Texas market are working on a reliability standard that may be stricter than industry norms.
SPP CEO Barbara Sugg warned the RTO’s board and stakeholders that the grid operator faces new and stronger headwinds, even as it met its corporate goals’ first-quarter milestones.
ISO-NE is predicting that New England’s peak load will increase by about 10%, and electricity consumption by 17%, by 2033, according to its 2024 Capacity, Energy, Loads and Transmission report.
Members of a key WRAP stakeholder group have expressed support for the recent move by participants to delay the program’s “binding” penalty phase by one year, to summer 2027.
Ameren executives have reassured shareholders that Missouri’s capacity shortfall beginning this summer is no cause for panic.
A new report warns that small modular nuclear reactors are not the energy panacea that their proponents have described.
PJM presented its 2024 summer study to the Operating Committee, saying preliminary figures show the region has adequate reserves to maintain reliability even as reserve margins tighten relative to recent years.
Lack of visibility into the contract and availability status of the fleet is causing “inefficiencies” in CAISO’s capacity procurement mechanism process, staff and stakeholders said.
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