November 23, 2024

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.
Duke Energy
Duke Energy Executives Discuss Demand Growth on Q2 Earnings Call
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts. 
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
PPL Backs Utility-owned Generation in Pa. After PJM Capacity Price Spike
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts. 
Senate Energy and Natural Resources Committee
Manchin-Barrasso Permitting Bill Easily Clears Committee
The Senate Energy and Natural Resources Committee voted 15-4 to advance the Energy Permitting Reform Act of 2024 to the floor. 
MISO
MISO in June: Unchanged Pricing, Lower Peak than Expected
June brought a 2-GW lower peak than anticipated and unchanged real-time and fuel prices from last year, MISO said in a monthly operations report.
NYISO
Prelim NYISO Analysis: 1-GW Shortfall by 2034
New York will be short 1 GW of resources by 2034, driven by increased demand, large load growth and lack of natural gas, according to the preliminary results of NYISO's biennial Reliability Needs Assessment.
© RTO Insider LLC
FERC Accepts NYISO Capacity Accreditation Changes, with 1-Year Delay
FERC approved NYISO’s proposed tariff revisions to more accurately accredit natural gas resources’ capacity, but the commission delayed their implementation until 2026.
Advanced Energy United
NV Energy Should Do More to Tap VPP Potential, Report Says
NV Energy's virtual power plant market potential could grow from an estimated 134 MW this year to 1,230 MW in 2035, according to a new analysis.
MISO
MISO Sets Sights on 50% Peak MW Cap in Annual Interconnection Queue Cycles
MISO plans to pursue a more straightforward, 50% peak load megawatt cap to limit the number of generator interconnection requests it will accept annually.
© RTO Insider LLC
SPP Markets and Operations Policy Committee Briefs: July 16-17, 2024
SPP’s Markets and Operations Policy Committee endorsed recommended revision requests from two stakeholder groups as part of the RTO’s effort to strengthen resource adequacy.
© RTO Insider LLC
Demand Growth Takes Center Stage at NARUC Summer Policy Summit
The return to demand growth in the electric power industry has been a major theme this year, and it dominated the discussion at NARUC's Summer Policy Summit.

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