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.
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PJM Files Capacity Market Revamp with FERC

Comments are due Nov. 3 on PJM’s proposal, which it said would improve reliability and incentivize resource development while controlling costs.

 
NYISO
NYISO Operating Committee Briefs: Oct. 11, 2023
NYISO gave summer and monthly operation updates during the OC meeting, and stakeholders recommended the approval of the draft annual Comprehensive Reliability Plan.
CAISO
Eclipse Barely Dims CAISO Operations
CAISO maintained normal grid operations during the Oct. 14 solar eclipse, with swings in solar production that were more muted than models based on clear-sky conditions.
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California PUC Launches New Resource Adequacy Proceeding
California utility regulators voted to launch a proceeding to establish rules and requirements for the state’s resource adequacy program from 2025 to 2028.
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EBA Forum Examines the Details of the Grid’s Transition
A major focus at the Energy Bar Association meeting was on how to ensure reliability and affordability as the grid transitions to a cleaner future.
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PJM MIC Briefs: Oct. 4, 2023
The PJM Market Implementation Committee endorsed the creation of a fifth cost of new entry area for the Commonwealth Edison zone, as well as two proposals aiming to limit the prospective performance impact of implementing multi-schedule modeling in the market clearing engine.
DTE Energy
MISO Defers Unpopular Capacity Accreditation Filing, Remains Committed to Design
MISO said it will push back a contentious filing for a new, marginal approach to capacity accreditation into early next year.
ERCOT
ERCOT Prepared for Eclipse, Loss of Solar
ERCOT expects normal grid conditions during Saturday’s solar eclipse when solar resources will see their output reduced.
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ERCOT Searching for 3 GW of Winter Capacity
ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.
Shutterstock
ISO/RTOs Oppose Call for Capacity Accreditation Tech Conference
A call for FERC to run a technical conference on capacity accreditation ran into a mixed reception, with the ISO/RTO Council saying it is too regional of an issue for the idea to have an impact.

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