November 21, 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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SPP Board/Regional State Committee Briefs: Oct. 28-29, 2024
SPP’s Board of Directors has approved the RTO’s 2025 operating and capital budgets and its net revenue requirement following a unanimous endorsement by the Members Committee.
Duke Energy
NCUC Approves Latest Duke ‘Carbon Plan’ to Expand Renewable, Nuclear and Gas Generation
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
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NYISO Management Committee Passes 2024 Reliability Needs Assessment
The NYISO Management Committee passed the draft Reliability Needs Assessment and recommended that the Board of Directors approve it at its next meeting.
Dominion Energy
Dominion Reports More Data Center Growth, Offshore Wind Progress
Dominion Energy reported net income of $953 million in the third quarter this year, as it continued to see load growth from data centers, progress on its offshore wind project, and infrastructure damage from Hurricane Helene.
FERC
FERC Dives into Data Center Co-location Debate at Technical Conference
A common refrain at FERC’s technical conference on the co-location of data centers was that the issue is just part the broader problem of resource adequacy.
Ascenty
Xcel Welcomes Load Growth from Data Centers
Xcel Energy is welcoming the coming wave of data centers despite the increased demand they will place on the grid, saying it will accelerate transmission and generation build.
ISO-NE
ISO-NE Study Lays Out Challenges of Deep Decarbonization
Deep decarbonization of the New England grid will pose major challenges related to resource adequacy and market administration, ISO-NE concluded in the final report of its Economic Planning for the Clean Energy Transition study.
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EPRI Launches DCFlex Initiative to Help Integrate Data Centers on the Grid
EPRI launched its DCFlex initiative, which is meant to maximize demand flexibility from data centers to help them more quickly plug into the grid and provide demand response for emergencies.
NOAA
MISO and TVA Strike Emergency Energy Purchase Agreement, Request FERC OK
MISO and the Tennessee Valley Authority hope to implement an emergency energy purchase framework by Christmas Eve.
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Changing Dynamics of Clean Energy Transition Debated at Aurora Energy Conference
Despite some recent hiccups with supply chains and higher interest rates, the clean energy transition is set to accelerate with long-term policy support, panelists said at the Aurora Energy Transition Forum. 

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