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 delivered an incomplete summer readiness report Thursday while stakeholders waited on seasonal capacity auction results.
The results of MISO’s inaugural seasonal capacity auctions, released late Wednesday, showed sufficient supply for the 2023/24 planning year.
CAISO says that 8,100 MW of new resources and California's record snowpack, which is expected to increase hydro generation by 72%, improve its summer forecast.
Study looks at severe weather scenarios based on historical data going back to 1950, finds manageable risks of supply shortfall.
The EPA administrator said his agency’s proposed CO2 emission standards for power plants target “the most egregious sources” without compromising reliability.
ISO-NE gave the Participants Committee a review of the past winter and a preview of the next — with and without the Everett LNG terminal.
The Illinois Commerce Commission questioned MISO and PJM officials on their respective RTOs’ preparations for summer, with some concerned about reliability.
A White House official urged participants in PJM’s General Session to engage in closer collaboration at all levels as cyber and physical security threats morph.
PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.
FERC rejected a complaint by three SPP members seeking to overturn the RTO’s decision last year to increase its planning reserve margin from 12% to 15%.
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