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.
FERC on Tuesday accepted a MISO tariff filing, promising to annually update an unforced capacity-to-intermediate seasonal accredited capacity ratio.
Texas regulators rejected SWEPCO's application to build renewable generation resources at the site of a coal plant that ceased operations in March.
Western regulators heard from a power panel of CEOs on maintaining grid reliability in the face of fires, storms, extreme heat and supply chain disruptions.
MISO will evaluate through the end of the year how it can measure and encourage six generating attributes that it says are necessary to its system operations.
MISO said that a sloped demand curve applied to its recent seasonal auction would have boosted summer clearing prices as much as sixfold.
MISO this week said it will likely operate with almost no firm generating capacity to spare to manage typical summertime peaks.
MISO executives said the capacity market still needs fixing, warning that the surplus gained from last week’s auction is fleeting without long-term changes.
Falling natural gas prices and additional electric resources are among the bright spots in FERC’s Summer Energy Market and Electric Reliability Assessment.
MISO still doesn’t have enough justification to institute a minimum capacity obligation, FERC decided last week.
CAISO's Board of Governors approved a redesigned transmission plan that focuses on high-priority projects amid a crush of interconnection requests.
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