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.
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
Multiple MISO members appeared skeptical at their quarterly meetings that the RTO is destined to face capacity shortfalls before the turn of the decade.
The Washington Post’s warning that “America is running out of power” lacks context and distracts us from the real work at hand, says columnist Steve Huntoon.
The Operating Committee was briefed on one of NYISO’s most humdrum winters, characterized by high temperatures, low gas prices and below-average loads.
PJM's Operating Committee discussed low reserve response during a spin event in February and the possible impact April's solar eclipse could have on generation and load.
CAISO's Department of Market Monitoring found that limits on WEIM imports last year led to increased transmission congestion in the ISO's markets.
FERC Commissioner Mark Christie brought his message of the need for grid reliability to the Gulf Coast Power Association's MISO-SPP Forum, saying the U.S. is "heading for a very dark place."
Two Tennessee congressmen have introduced a bill to force TVA to make its integrated resource planning process more transparent.
Nevada regulators approved NV Energy’s plan to convert its last coal-fired power plant to natural gas, while also allowing the company to move forward with a $1.5 billion, 400-MW solar-plus-storage project.
Utility executives told state regulators that natural gas and nuclear power will be part of the electric mix for decades as the industry decarbonizes.
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