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.
An upcoming fuel and energy security study will examine the combined impacts of electric generation trends and extended cold snaps on NYISO system reliability.
NYISO updated the Operating Committee about forecasted summer conditions, assessing that margins are declining over time as NYISO transitions to clean energy.
FERC has rejected SPP tariff revisions that would help transmission owners continue to self-fund network upgrades to interconnect generators.
FERC approved MISO’s reworked ratio for use in its capacity auction a day before MISO began accepting offers on the postponed auction.
SPP staff and stakeholders spent much of last week’s virtual Markets and Operations Policy Committee meeting discussing resource adequacy.
MISO will fire up its capacity auction machinery beginning April 18 after it was forced to delay the auction last month on a FERC order.
ISO-NE is seeking changes to the program to attract sufficient LNG in light of higher volatility in global prices than when FERC initially approved it in 2020.
Public Service Co. of New Mexico joined the Western Power Pool's Western Resource Adequacy Program, bringing the number of participants to 22.
FERC must look beyond reliability standards to boost electric industry winter readiness, says R Street Institute's Michael Giberson.
Among the topics covered by WECC’s State of the Interconnection report, one subject stands out: the impact of extreme natural events on the Western grid.
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