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.
MISO is offering stakeholders a compromise on one of two proposals it will file with FERC, removing a provision that would eliminate capacity credits for slow-response LMRs.
CAISO’s Board of Governors approved $141.7M in transmission spending and reliability-must-run contracts covering three power plants in Central California.
NYISO has sequestered approximately two-thirds of its operations staff on site at its two control centers to prevent infection by the COVID-19 coronavirus.
FERC affirmed its 2018 ruling approving MISO’s current resource adequacy construct, rejecting multiple rehearing requests from critics of the decision.
At the NEPOOL Reliability Committee, stakeholders pushed back on ISO-NE’s draft assumptions on improving system fuel security.
Retail-choice states wanting to reduce their reliance on RTO capacity markets need to improve how their retail markets handle resource procurement.
ISO-NE is wrapping up its Energy Security Improvements initiative ahead of a FERC deadline, stakeholders learned during a NEPOOL Markets Committee meeting.
FERC rejected ISO-NE Tariff revisions to clarify that resources retained for fuel security reasons will not be retained for other reasons once the fuel security retention period ends.
MISO is preparing to make two resource adequacy filings with FERC aimed at making its capacity resources more readily available.
MISO predicts energy usage this spring will peak at 100 GW in May, with about 134 GW of total capacity available.
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