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.
While it warns of more system risk in the coming years, MISO is preparing for an unremarkable spring and a routine capacity auction.
MISO reiterated the extraordinary nature of mid-February’s winter storm, promising more data later this month and resource adequacy solutions by year-end.
The Western Energy Imbalance Market approved two CAISO measures and endorsed a third to improve reliability, mitigate capacity shortfalls.
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
More than half of the U.S. coal fleet could be retired by 2025 to reduce emissions and generating costs, with no harm to reliability, according to RMI.
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
WECC found the southern portion of the Northwest Power Pool region could fail to meet resource adequacy requirements for 3 hours this year.
A stakeholder initiative to help ensure resource adequacy and avoid energy emergencies this summer is headed to the CAISO Board of Governors.
MISO is still collecting data and reviewing the actions it took during a massive cold spell that gripped most of the U.S. in mid-February.
ERCOT CEO Bill Magness detailed for the Board of Directors the events that led up to last week’s near collapse of the grid during a severe winter storm.
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