September 30, 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.
WECC
Western Plan to Add 13 GW by Summer Comes with Risks
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.
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SPP Issues Resource Advisory for May 8-9
SPP has issued resource advisory for its balancing authority footprint May 8-9 because of an expected shortfall from wind resources and maintenance outages.
NERC
NPCC Warns of Tight Summer Margins in Ontario
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.
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Senators Praise Phillips, FERC’s Output at Oversight Hearing
All four FERC commissioners testified at an oversight hearing on Thursday, with senators praising its recent approval of natural gas infrastructure.
Texas PUC
ERCOT, PUC Repeat Call for Dispatchable Generation
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.
Brattle Group
Brattle Group Finds VPPs Cheapest Alternative for Resource Adequacy
A Brattle Group study finds virtual power plants are cheaper than other viable options for resource adequacy, namely storage and natural gas peaking plants.
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SPP Board/Members Committee Briefs: April 25, 2023
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
NYISO Proposes 48 Market Projects for 2024
NYISO presented the Budget and Priorities Working Group with 48 market projects that it is proposing to be included in its 2024 budget.
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FERC Approves SPP’s Resource Adequacy Changes
FERC has approved SPP tariff revisions of resource adequacy requirements that would provide LREs with an alternative approach to deficiency payments.
NYISO Study to Examine Future Winter Security Risks
An upcoming fuel and energy security study will examine the combined impacts of electric generation trends and extended cold snaps on NYISO system reliability.

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