December 24, 2024

value of lost load (VoLL)

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LBNL Report Quantifies Resilience Benefit of Distributed Storage Systems
A new paper from Lawrence Berkeley National Laboratory quantifies how and where consumers can benefit from installing solar-plus-storage systems at their homes to get over major disruptions to grid service that last more than a day.
MISO
MISO Says 2nd Long-range Tx Plan to Cost $21B, Deliver Double in Benefits
MISO said its second, mostly 765-kV long-range transmission plan will provide the Midwest region with at least a 1.9:1 benefit-cost ratio, a metric that was greeted with skepticism by Independent Market Monitor David Patton.
MISO
MISO Predicts Painless Fall Despite Missouri Capacity Shortfall
MISO doesn’t believe autumn will prove much trouble for it to tackle, though it faces a capacity shortfall in Missouri.
© RTO Insider LLC
MISO to Limit Use of $10K VOLL During Long-duration Outages
MISO said stakeholders have convinced it to design an off switch on its proposed $10,000/MWh value of lost load to use during extended load-shedding events.
© RTO Insider LLC
SPP’s REAL Team Moves Package of Policies
SPP’s resource adequacy stakeholder group has moved several policies that indicate the team’s work is “coming home” after months of presentations and discussions.
© RTO Insider LLC
MISO Wants $10K VOLL, a Nearly Threefold Increase
MISO says its extensive analysis shows its current $3,500/MWh value of lost load should be raised to $10,000/MWh.
Admin Monitor
Texas PUC Sends ESR Change back to ERCOT
Texas regulators have remanded back to ERCOT a controversial protocol change attempting to regulate energy storage resources, but not before stripping out language related to state of charge and enforcement processes.
Admin Monitor
Texas PUC OKs Smaller Budget, Admin Fee Increases for ERCOT
The Texas PUC rejected ERCOT’s proposed budget and administration fee increase, agreeing instead to more incremental growth in its revenues.
Missouri State Representative Jim Murphy
MISO Raises ORDC’s Lowest Level to $1,100/MWh
MISO will jettison the most inexpensive step of its operating reserve demand curve, explaining that $200/MWh pricing is too low during shortage conditions.
© RTO Insider LLC
MISO Market Subcommittee Briefs: Oct. 7, 2021
MISO's Oct. 7 Market Subcommittee covered FTR market concerns and a customer ask for better load forecasting data.

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