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.
PJM's Board of Managers has adopted a variant of the RTO annual capacity market CIFP proposal, which includes changes to risk modeling, accreditation and capacity performance.
PJM members recommended various avenues for the RTO's Board of Managers to consider as it weighs a possible FERC filing incorporating components of proposals made during the critical issue fast path process.
CAISO’s issuance of energy emergency watches and alerts in July came under conditions that mirrored those during California’s September 2022 heatwave.
MISO says it continues research to gauge the quantity of generating attributes it might prescribe for its fleet.
ERCOT says it should have more than enough capacity to meet peak demand under normal conditions during the fall season that begins in October.
MISO officials said they probably could have held off their decision to call a summertime emergency in late August.
MISO’s quarterly Board Week explored the reasons behind its growing number of generation projects that have the stamp of approval to connect to the system but remain unbuilt.
SPP stakeholders asked two working groups to consider compromise language on a pair of tariff revisions related to resource adequacy policies.
An SPP Resource Adequacy Summit provided an opportunity for federal and state regulators, academics, market participants and stakeholders to discuss the reliability issues facing the grid.
A drop in voltage forced ERCOT to enter emergency operations for the first time since the disastrous February 2021 winter storm.
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