resource adequacy (RA)
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PJM and stakeholders spent much of 2023 debating how to position the RTO's markets to be prepared for future severe weather and maintain the balance between retiring fossil generation and renewable development.
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CAISO and its stakeholders are still in the early stages of grappling with how to redesign the ISO’s resource adequacy program to account for rapidly changing conditions on the grid.
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The OPSI annual meeting debated PJM’s recent capacity market filing and whether the RTO needs to consider changes to its energy and reserve markets.
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SPP stakeholders approved two revision requests that set resource adequacy policies, but not before rejecting a compromise position offered by two stakeholder groups.
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Comments are due Nov. 3 on PJM’s proposal, which it said would improve reliability and incentivize resource development while controlling costs.
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PJM's Board of Managers has adopted a variant of the RTO annual capacity market CIFP proposal, which includes changes to risk modeling, accreditation and capacity performance.
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MISO says it continues research to gauge the quantity of generating attributes it might prescribe for its fleet.
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An SPP Resource Adequacy Summit provided an opportunity for federal and state regulators, academics, market participants and stakeholders to discuss the reliability issues facing the grid.
PJM
The 2023 Reserve Requirement Study, which PJM presented to stakeholders, would lead to an uptick in the targeted reserve procurement level.
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In what is becoming an almost daily occurrence, ERCOT issued another appeal for voluntary conservation as the Texas grid operator continues to manage tight conditions during a brutally hot summer.
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