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.
Interim ERCOT CEO Brad Jones focused on the grid operator's need to adapt its market to future changes during a speech to the Gas and Power Institute.
NYISO is prototyping dynamically scheduled reserves to test the effectiveness of incorporating the methodology into its market software.
PJM stakeholders will vote next month on two different proposals seeking to improve the deployment of synchronized reserves during a spin event.
The Texas PUC discussed the lack of competition in Entergy Texas’ footprint, questioning whether previous cost recoveries have benefited ratepayers.
A new white paper proposes creating an LSE Reliability Obligation in ERCOT that would assign Texas utilities a certain amount of capacity to maintain.
The PJM MRC and MC approved several initiatives at their meetings, including a new task force to examine the alignment of the gas and electric markets.
Three generating units with 226 MW of capacity, previously mothballed on a seasonal basis, are returning to year-round service in the ERCOT market.
NYISO presented stakeholders a comprehensive mitigation review and made available the final draft of a study on related market impacts.
Some load-serving entities and southern regulators are criticizing MISO’s efforts to create its first long-term regional resource assessment.
A meeting to hash out an upcoming Oregon study on RTO membership turned to how the state’s participation might fit into other developments in the West.
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