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.
Former FERC Chair Neil Chatterjee and former Texas Land Commissioner George P. Bush offered their thoughts on the impact of OBBBA on the energy sector during a webinar.
The U.S. Department of Energy has ordered the J.H. Campbell Generating Plant to remain available another 90 days, saying its capacity is needed to maintain MISO grid reliability.
A group of industry insiders looking at ways to meet data centers’ electricity demand found a common thread within their varied opinions: The power sector and its regulators need to be a lot nimbler.
FERC has approved SPP’s tariff revision that establishes separate planning reserve margins for the summer and winter seasons, saying it will provide “more granularity” by recognizing the reliability differences between the two seasons.
NYISO has proposed to stop using “winter to summer” and “summer to winter” ratios to determine maximum clearing and reference point prices in its seasonal demand curves.
After receiving positive feedback from stakeholders, ISO-NE plans to proceed with its proposal for a quantitative threshold to determine an acceptable level of energy shortfall risk for the region.
FERC approved PJM’s proposal for allocating the costs for Constellation Energy to continue operating its Eddystone Generating Station near Philadelphia under an emergency order by the U.S. Department of Energy.
The NYISO Operating Committee approved the system impact study for the second of Micron Technology’s semiconductor chip manufacturing centers.
FERC said MISO should spread the costs of keeping a Michigan coal plant running past its retirement date over the RTO’s entire Midwest region.
Duke Energy has asked state and federal regulators to combine its two electric utilities that serve the Carolinas in a move it said would result in billions of dollars of customer savings.
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