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 New York Public Service Commission (NYPSC) said the state’s utilities have 41 GW of capacity, more than enough to meet a projected peak summer load.
CAISO stakeholders voiced skepticism about the effectiveness of a new ISO initiative to prevent early retirement of unprofitable generators.
The continued closure of the Aliso Canyon natural gas storage facility remains an issue for the summer readiness of the Southern California grid.
Customers of the Southwestern Power Administration asked MISO to change how it accredits their hydropower allocations - from baseload to peaking power.
MISO summer planning reserve margins will remain firmly above requirements even after it shaved nearly half a percentage point.
ERCOT said it has sufficient capacity to meet demand for the next five years, including a forecast record peak this summer.
Speakers told FERC this week that RTO capacity markets are in serious danger from state renewable procurements and subsidies for nuclear plants.
The PJM Operating Committee discussed how difficult power demand was to forecast in March as a snowstorm was followed by exceptionally warm weather.
Stakeholders will vote on whether it’s worth debating the cost allocation for holders of firm transmission service reservations of more than 1,000 MW.
MISO is considering prohibiting resources on extended outages from participating in capacity auctions or other changes to capture the risk of such outages.
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