September 29, 2024

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.
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California PUC Launches New Resource Adequacy Proceeding
California utility regulators voted to launch a proceeding to establish rules and requirements for the state’s resource adequacy program from 2025 to 2028.
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EBA Forum Examines the Details of the Grid’s Transition
A major focus at the Energy Bar Association meeting was on how to ensure reliability and affordability as the grid transitions to a cleaner future.
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PJM MIC Briefs: Oct. 4, 2023
The PJM Market Implementation Committee endorsed the creation of a fifth cost of new entry area for the Commonwealth Edison zone, as well as two proposals aiming to limit the prospective performance impact of implementing multi-schedule modeling in the market clearing engine.
DTE Energy
MISO Defers Unpopular Capacity Accreditation Filing, Remains Committed to Design
MISO said it will push back a contentious filing for a new, marginal approach to capacity accreditation into early next year.
ERCOT
ERCOT Prepared for Eclipse, Loss of Solar
ERCOT expects normal grid conditions during Saturday’s solar eclipse when solar resources will see their output reduced.
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ERCOT Searching for 3 GW of Winter Capacity
ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.
Shutterstock
ISO/RTOs Oppose Call for Capacity Accreditation Tech Conference
A call for FERC to run a technical conference on capacity accreditation ran into a mixed reception, with the ISO/RTO Council saying it is too regional of an issue for the idea to have an impact.
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MISO Defends Fleet Predictions over Monitor’s Skepticism
Doubts continue to swirl around which version of MISO’s future fleet mix is appropriate for long-range transmission planning — the Independent Market Monitor’s or the RTO’s itself.
House Energy and Commerce Committee
ISO/RTO Execs Talk Reliability and Resource Mix at House Hearing

Senior executives from all seven ISO/RTOs discussed how the changing resource mix is impacting reliability.

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PJM Board Releases Outline of Capacity Market Changes
PJM's Board of Managers has adopted a variant of the RTO annual capacity market CIFP proposal, which includes changes to risk modeling, accreditation and capacity performance.

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