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October 7, 2024

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.
New York Geared for 2017 Summer Load
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 Question Risk-of-Retirement Initiative
CAISO stakeholders voiced skepticism about the effectiveness of a new ISO initiative to prevent early retirement of unprofitable generators.
California Governor’s Office of Emergency Services
Hydro, Solar Boost CAISO Summer Outlook; Aliso Concerns Remain
The continued closure of the Aliso Canyon natural gas storage facility remains an issue for the summer readiness of the Southern California grid.
Federal Hydro Customers Seek Change in MISO Capacity Rules
Customers of the Southwestern Power Administration asked MISO to change how it accredits their hydropower allocations - from baseload to peaking power.
MISO Slims Summer Reserve Prediction
MISO summer planning reserve margins will remain firmly above requirements even after it shaved nearly half a percentage point.
ERCOT Sees Enough Generation Through 2022, 73-GW Peak for Summer
ERCOT said it has sufficient capacity to meet demand for the next five years, including a forecast record peak this summer.
© RTO Insider
Power Markets at Risk from State Actions, Speakers Tell FERC
Speakers told FERC this week that RTO capacity markets are in serious danger from state renewable procurements and subsidies for nuclear plants.
PJM Operating Committee Briefs
The PJM Operating Committee discussed how difficult power demand was to forecast in March as a snowstorm was followed by exceptionally warm weather.
MISO Resource Adequacy Subcommittee Briefs
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 May Bar Units on Extended Outage from Capacity Auctions
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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