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 Organization of MISO States is preparing a letter to MISO leadership to stress resource adequacy work following the last month’s capacity auction.
Hot weather that one weatherman called “categorically insane” has settled over Texas and led ERCOT to call on generators to postpone planned outages.
August-like weather that one weatherman called “categorically insane” will settle over Texas this weekend, leading to potential record demand for ERCOT.
ERCOT’s board sides with staff over a rule change that gives the ISO the authority to review, coordinate and approve or deny all planned generation outages.
The PJM MRC endorsed creating a new senior task force to study a potential market construct for procuring clean resource attributes in the RTO’s markets.
MISO warned that even a normal amount of demand and generation outages will likely send it into emergency procedures this summer.
Faced with a capacity supply shortage in 2022/23, MISO is considering broadening its generator retirement studies to consider resource adequacy.
FERC and NERC continue to gather information from utilities, generators and grid operators on maintaining electric reliability during severe cold weather.
The RE+ Texas conference drew hundreds of renewable energy experts to the state that leads in wind production and may soon lead in solar energy too.
FERC ordered six more entities to refund the premiums they earned from sales into CAISO during the severe heat wave of August 2020.
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