loss of load expectation (LOLE)
MISO said it continues to weigh changes to its markets and resource adequacy construct as part of its multiyear resource availability and need project.
Stakeholders are divided on whether MISO has conducted enough analysis to justify adopting seasonal capacity auctions and loss-of-load expectation studies.
Stakeholders asked if MISO’s new long-term generation outage policy played a role in driving up Michigan capacity prices in the Planning Resource Auction.
MISO is contemplating creating a seasonal design for its resource adequacy construct to manage potential reliability risks outside of the summer months.
The Infocast ERCOT Market Summit brought together nearly 300 industry representatives and policymakers to discuss the Texas grid and challenges it faces.
FERC denied rehearing of its order accepting NYISO’s revisions to the methodology it uses to determine locational minimum installed capacity requirements.
MISO says it may reduce the capacity accreditation of some of its load-modifying resources in an effort to improve resource availability in its footprint.
MISO says it will look to make improvements to the capacity testing process after sifting through results from its generators and discovering errors.
PJM staff told the Operating Committee questions still remain about why its load forecast veered so far off course during a hot spell in early October.
MISO estimates it will need an 8.9% unforced capacity planning reserve margin for the 2020/21 planning year, a full percentage point above the current level.
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