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.
SPP REAL Team members conducted a “therapy session” in forming a consensus position around its schedule and priorities for 2024.
ISO-NE forecasts peak demand of 20,269 MW under average weather conditions, and a 21,032-MW peak under below-average temperatures.
NYISO’s new 10-year reliability plan finds no “actionable reliability needs,” but warns of narrowing reliability margins.
The PJM Markets and Reliability Committee endorsed new generation winterization requirements, followed by the Members Committee approving three changes to the stakeholder process.
MISO CEO John Bear and PJM CEO Manu Asthana expressed concerns about gas-fired resources retiring prematurely at NARUC's Annual Meeting in California.
Higher-than-average temperatures in the U.S. could reduce electricity and natural gas demand and help prevent shortfalls this winter, FERC staff said in the commission's Winter Energy Market and Electric Reliability Assessment.
ERCOT canceled its effort to procure 3,000 MW of additional capacity this winter after “limited response” resulted in 11.1 MW of offers.
Potential changes to ISO-NE's capacity market include updates to its resource capacity accreditation (RCA) methodology, along with prompt and seasonal capacity market formats.
SPP says it has not identified any concerns within its 14-state footprint this winter that it is not capable of resolving.
ISO-NE presented the final stage of its Operational Impact of Extreme Weather Events study to stakeholders at the NEPOOL Reliability Committee on Nov. 14.
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