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.
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.
MISO will have a 15.8% planning reserve margin for the 2017/18 planning year, up slightly from last year, according to the RTO’s loss-of-load-expectation study.
MISO will continue its current treatment of sub-regional transfer limits in the Planning Resource Auction, both in the initial limit and transmission reservations.
The latest ERCOT seasonal forecasts indicate the ISO will continue to have more than enough generation capacity to meet demand into next summer.
MISO predicts it will have double its required winter reserve margin, due in part to increased north-south transfer capacity and improved emergency pricing.
MISO’s forward capacity auction proposal for merchant supply is close to being filed with FERC, and the RTO is using the final weeks to make presentations to support its stance.
ERCOT is asking consumers in the Lower Rio Grande Valley region to limit or reduce their electricity use where possible through Tuesday, especially during the 3-7 p.m. peak demand hours.
FERC said MISO can continue doling out refunds to Wisconsin utilities, upholding the RTO’s new cost allocation methodology for three system support resource power plants in Michigan’s Upper Peninsula.
SPP says improved wind forecasting and coordination with gas pipelines have the RTO well prepared for the coming winter.
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