September 28, 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.
Arizona Public Service
Markets+ Backers Highlight Reliability in 2nd ‘Issue Alert’
The integration of Markets+ with the Western Resource Adequacy Program would be among a handful of key reliability benefits of SPP’s Western day-ahead offering, according to an “issue alert” published by 10 entities that backed development of the market.
Renew Home
Renew Home Foresees Bright Future for Residential VPPs
Home energy management company Renew Home has released a position paper arguing that VPPs can quickly be stood up to help meet growing demand.
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SPP Board of Directors/RSC Briefs: Aug. 5-6, 2024
SPP directors and regulators have approved the grid operator’s first winter planning reserve margin, endorsing a base PRM that is 3 percentage points higher than many of its utilities wanted.
H5 Data Centers
Data Centers Bringing ‘Massive’ Loads to Western Grid
Five years ago, load growth from transportation electrification was a major issue for policymakers, according to speakers at a webinar. Now the focus has shifted to data centers.
Duke Energy
Duke Energy Executives Discuss Demand Growth on Q2 Earnings Call
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts. 
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
PPL Backs Utility-owned Generation in Pa. After PJM Capacity Price Spike
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts. 
Senate Energy and Natural Resources Committee
Manchin-Barrasso Permitting Bill Easily Clears Committee
The Senate Energy and Natural Resources Committee voted 15-4 to advance the Energy Permitting Reform Act of 2024 to the floor. 
MISO
MISO in June: Unchanged Pricing, Lower Peak than Expected
June brought a 2-GW lower peak than anticipated and unchanged real-time and fuel prices from last year, MISO said in a monthly operations report.
NYISO
Prelim NYISO Analysis: 1-GW Shortfall by 2034
New York will be short 1 GW of resources by 2034, driven by increased demand, large load growth and lack of natural gas, according to the preliminary results of NYISO's biennial Reliability Needs Assessment.
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FERC Accepts NYISO Capacity Accreditation Changes, with 1-Year Delay
FERC approved NYISO’s proposed tariff revisions to more accurately accredit natural gas resources’ capacity, but the commission delayed their implementation until 2026.

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