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.
The 2023 Reserve Requirement Study, which PJM presented to stakeholders, would lead to an uptick in the targeted reserve procurement level.
The American Clean Power Association filed a petition at FERC asking the commission to take a universal look at capacity accreditation of different generation technologies.
MISO instated maximum generation procedures Thursday to manage a pervasive heat wave blanketing its footprint.
None of the 20 proposals PJM and stakeholders drafted through the critical issue fast path to rework the capacity market garnered sector-weighted support from the Members Committee.
SPP set a new record for summer peak demand, the first of several that could come this week with a heat dome settled over the Great Plains.
PJM and stakeholders presented their final CIFP proposals and posted executive summaries explaining how their packages would redesign the RTO's capacity market.
Texas Gov. Greg Abbott directed the PUC to study how to position the state "as the national leader on advanced nuclear energy."
PJM stakeholders approved a load model for the 2023 reserve requirement study during the Planning Committee's Aug. 8 meeting.
The California Energy Commission agreed to keep three old, environmentally damaging gas-fired plants operating along the coast for grid reliability, despite an outpouring of opposition.
PJM presented new risk modeling figures and updates to its critical issue fast path proposal and stakeholders discussed their own proposals during the Aug. 1 CIFP process meeting.
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