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.
Midwestern parties need to act more urgently to open wholesale markets to DER aggregation, panelists said during a meeting of the Midwest chapter of the Energy Bar Association.
PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
FERC Chair Willie Phillips and NERC CEO James Robb wrote in joint comments that they have "serious concerns" about Everett's retirement.
CAISO and its stakeholders are still in the early stages of grappling with how to redesign the ISO’s resource adequacy program to account for rapidly changing conditions on the grid.
Demand response providers in NYISO are concerned that proposed market rule changes will harm the economics of special case resources.
OMS took time to celebrate its 20-year anniversary at its annual meeting while exploring familiar themes of restructuring resource adequacy and barriers to large transmission buildout.
FERC fined independent power producer AES $6 million for failing to fulfill RA obligations related to eight of the company’s 12 generating units operating in Southern California.
Transmission upgrades that are needed to avoid overloads in a fully electrified New England by 2050 could cumulatively cost between $22 billion and $26 billion, ISO-NE told its Planning Advisory Committee.
NYISO did not identify any new near-term reliability issues in its third-quarter STAR, but it does anticipate significant load increases in western and central New York that could warrant more attention.
The NYSRC Executive Committee approved the modeling assumptions for its 2024/25 installed reserve margin requirement study base case and discussed potential cap-and-invest updates.
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