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.
The current debate in the U.S. electricity sector pitting efforts to increase renewables against the need for grid reliability in the face of growing demand could be unnecessary and counterproductive, according to one expert.
ISO/RTO leaders explained the issues facing their markets and took some questions from members, with subjects like FERC's independence and the recent capacity price spikes in PJM coming up.
Christine Guhl-Sadovy, president of the New Jersey Board of Public Utilities, has a lot to do and little time to do it in.
The Markets and Reliability Committee endorsed PJM's recommended installed reserve margin and forecast pool requirement values for the 2026/27 Base Residual Auction.
A study of SPP’s future energy and resource needs has found the grid operator will have to rely on thermal generation to maintain grid reliability into midcentury, but it will come at a cost.
While NYISO operated reliably last winter, the season provided “continued examples of limited flexibility on the gas system,” ISO staff told the Operating Committee.
FERC accepted SPP’s proposed tariff revisions to incorporate a mark-to-auction collateral requirement for its transmission congestion rights market but did not terminate a show-cause proceeding.
PJM’s Markets and Reliability Committee endorsed two proposals to revise the RTO’s ELCC formula to add two new generation categories and limit the penalties resources face if their accreditation declines between auctions.
FERC's State of the Markets report showed lower wholesale energy prices but growing demand and higher capacity prices that signal a need to meet the coming load.
CERAWeek 2025 by S&P Global examined the changing energy landscape through 14 themes, from policy and regulation to climate and sustainability, but none seemed to draw more focus than the rapid expansion of AI and is potential transformative effects.
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