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.
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FERC approved PJM's proposal to rework several areas of its capacity market centered around aligning how resources’ capacity contributions match up to system risk analysis.
PJM
PJM said the grid maintained reliability through nearly a week of harsh winter conditions during the winter storm that blanketed much of the nation in mid-January.
CAISO
CAISO staff and stakeholders are looking to re-evaluate the RA Availability Incentive Mechanism and explore whether it should be replaced with a new program using an unforced capacity construct to ensure sufficient RA capacity.
The Breakthrough Institute
The 2,200-MW PG&E plant will be the first recipient of federal funds being made available to shore up operations at U.S. nuclear plants that face imminent closure.
PJM
PJM has requested that Talen Energy continue operating a portion of its H.A. Wagner Generating Station an additional three years beyond its requested 2025 deactivation date.
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PJM reviewed comments it is jointly submitting with other RTOs on several proposed changes to EPA regulations during the Operating Committee meeting.
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Oregon regulators are moving closer to adopting resource adequacy rules that would incentivize load-serving entities to join the Western Power Pool’s WRAP.
NYISO
NYISO briefed the committee on an upcoming white paper to propose updates to the ISO’s resource adequacy modeling.
Office of Texas Governor Greg Abbott
ERCOT and SPP are dealing with an Arctic blast that's brought subfreezing temperatures to much of the Great Plains and Texas.
Analysis Group
Analysis Group presented its final report on converting ISO-NE's Forward Capacity Market to a prompt, seasonal construct.
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