summer readiness
CAISO officials are optimistic about the grid’s performance this summer, as the system has added 4.5 GW of nameplate capacity since September with another 4.5 GW on the way.
PJM presented its 2024 summer study to the Operating Committee, saying preliminary figures show the region has adequate reserves to maintain reliability even as reserve margins tighten relative to recent years.
ERCOT says it is prepared for triple-digit temperatures in much of Texas this week and next that are expected to lead to new records for peak demand.
The OC approved the results of an ISO operating study showing New York’s bulk power system can operate reliably this summer based on transfer capabilities.
SPP says it expects “normal” summer operations in its balancing authority and reliability coordinator areas this summer, despite a projected drought.
Falling natural gas prices and additional electric resources are among the bright spots in FERC’s Summer Energy Market and Electric Reliability Assessment.
MISO delivered an incomplete summer readiness report Thursday while stakeholders waited on seasonal capacity auction results.
Most regions of the North American grid remain at elevated risk of supply shortfalls this summer, NERC said in its 2023 Summer Reliability Assessment.
CAISO says that 8,100 MW of new resources and California's record snowpack, which is expected to increase hydro generation by 72%, improve its summer forecast.
The RTO has doubled its synchronized reserve requirement to account for diminished performance since the implementation of the reserve market overhaul.
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