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.
Participants in the Energy Imbalance Market (EIM) should not rely on it to reduce their capacity requirements, CAISO cautioned.
FERC approved the Atlantic Bridge pipeline project, which will expand natural gas delivery capacity in New York and New England.
SPP stakeholders approved a 12% planning reserve margin, a new demand curve and 10 revision requests at the Markets and Operations Policy Committee meeting.
© RTO Insider
MISO’s Resource Adequacy Subcommittee will make discussion of gas-electric coordination a priority throughout the first quarter of the year.
MISO has come up with two possible responses to its IMM’s suggestion to apply its physical withholding threshold to affiliated participants collectively.
MISO will have a 15.8% planning reserve margin for the 2017/18 planning year, up slightly from last year, according to the RTO’s loss-of-load-expectation study.
MISO will continue its current treatment of sub-regional transfer limits in the Planning Resource Auction, both in the initial limit and transmission reservations.
The latest ERCOT seasonal forecasts indicate the ISO will continue to have more than enough generation capacity to meet demand into next summer.
MISO predicts it will have double its required winter reserve margin, due in part to increased north-south transfer capacity and improved emergency pricing.
MISO’s forward capacity auction proposal for merchant supply is close to being filed with FERC, and the RTO is using the final weeks to make presentations to support its stance.
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