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 Commissioner James Danly paid an unannounced visit to MISO’s board meeting following a snag in the RTO’s new capacity accreditation process.
The CAISO Board of Governors approved measures to boost summer reliability, including extending a requirement that batteries be charged during extreme events.
FERC Commissioner James Danly paid a surprise visit to MISO’s Board of Directors meeting following a snag in the RTO’s new capacity accreditation process.
December’s winter storm and early February’s cold snap challenged the New York grid, but they did not cause any emergencies, NYISO told the Operating Committee.
Andre m, CC BY-SA 3.0, via Wikimedia
California's governor has proposed legislation that could give the Department of Water Resources central procurement authority to ensure resource adequacy.
The New York PSC approved a slight increase to the amount of reserve resources that load-serving entities must have available for the upcoming capability year.
MISO tried to quell unease over its intended capacity accreditation with a stakeholder workshop to show that its proposal lines up with a new report.
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.
CEO Sarah Edmonds would like to see the WRAP become “binding” on its participants as soon as possible, but making that transition could still be years away.
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