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.
Up to 13 GW of new generation and storage resources are planned to come online in the Western Interconnection by the end of this summer.
SPP has issued resource advisory for its balancing authority footprint May 8-9 because of an expected shortfall from wind resources and maintenance outages.
Canada’s Ontario and Maritimes provinces may have to rely on energy imports and operating procedures to meet energy needs this summer, the NPCC said.
All four FERC commissioners testified at an oversight hearing on Thursday, with senators praising its recent approval of natural gas infrastructure.
ERCOT and the Texas PUC say there is not enough dispatchable generation to meet peak demand this summer, forcing the grid to rely on renewables.
A Brattle Group study finds virtual power plants are cheaper than other viable options for resource adequacy, namely storage and natural gas peaking plants.
SPP members and its board have embraced an advisory group’s report on a fast-approach future grid and directing work to address the group’s recommendations.
NYISO presented the Budget and Priorities Working Group with 48 market projects that it is proposing to be included in its 2024 budget.
FERC has approved SPP tariff revisions of resource adequacy requirements that would provide LREs with an alternative approach to deficiency payments.
An upcoming fuel and energy security study will examine the combined impacts of electric generation trends and extended cold snaps on NYISO system reliability.
Want more? Advanced Search