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.
Southern California Edison
CAISO Board Approves Summer Readiness Measures
The CAISO Board of Governors approved measures to boost summer reliability, including extending a requirement that batteries be charged during extreme events.
© RTO Insider LLC
Capacity Auction Snafu Draws Danly to MISO Board Meeting
FERC Commissioner James Danly paid a surprise visit to MISO’s Board of Directors meeting following a snag in the RTO’s new capacity accreditation process.
NYISO
NYISO Battered but not Bruised this Winter
December’s winter storm and early February’s cold snap challenged the New York grid, but they did not cause any emergencies, NYISO told the Operating Committee.
Andre m, CC BY-SA 3.0, via Wikimedia
California Governor Seeks Central Procurement Authority
California's governor has proposed legislation that could give the Department of Water Resources central procurement authority to ensure resource adequacy.
NYISO
New York PSC Approves 20% Installed Reserve Margin
The New York PSC approved a slight increase to the amount of reserve resources that load-serving entities must have available for the upcoming capability year.
Ameren Missouri
MISO Accreditation Impasse Persists at Workshop
MISO tried to quell unease over its intended capacity accreditation with a stakeholder workshop to show that its proposal lines up with a new report.
© RTO Insider LLC
FERC State of the Markets Report Shows High Energy Prices for 2022
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
© RTO Insider LLC
PJM Stakeholders Debate Capacity Auction Delays
PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.
Western Power Pool
WPP CEO Looks to ‘Earliest Possible’ Binding Season for WRAP
CEO Sarah Edmonds would like to see the WRAP become “binding” on its participants as soon as possible, but making that transition could still be years away.
© RTO Insider LLC
GCPA Speakers Embrace MISO Sloped Demand Curve
The likelihood of a sloped demand curve in MISO’s capacity market earned seals of approval from panelists at GCPA’s 9th Annual MISO/SPP Regional Conference.

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