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.
CAISO’s Board unanimously approved a proposal to address concerns that the ISO’s market power mitigation rules disincentivize participation in the EIM.
FERC Commissioner Cheryl LaFleur reflected on New England's electricity markets, and NERC CEO Jim Robb shared concerns about fuel security at the event.
MISO’s most recent maximum generation emergency is yet another portent of its increasing need to rethink grid operations, execs told the Board of Directors.
Stakeholders reluctantly agreed on a path forward for PJM’s proposed “fuel security” initiative after about two hours of debate.
The rift over the rapid expansion of community choice aggregators in California took center stage at a state Senate hearing on Tuesday.
Offshore wind will soon be comparable in scale to other renewable energy resources such as onshore wind and solar, participants at the ISO-NE’s Consumer Liaison Group heard.
Cal. officials expressed concern that the state’s push toward 100% clean energy and the rapid growth of community choice could imperil grid reliability.
MISO foresees a “modest probability” it will declare a systemwide maximum generation event this spring.
MISO revived the idea of implementing a seasonal capacity auction as part of its multipronged resource availability and need initiative, but promised to gather more data before defining long-term solutions.
ERCOT is forecasting record peak demand with increased potential emergency alerts this summer, given its historically low planning reserve margin of 7.4%.
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