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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CAISO and its stakeholders are still in the early stages of grappling with how to redesign the ISO’s resource adequacy program to account for rapidly changing conditions on the grid.
Potomac Economics
Demand response providers in NYISO are concerned that proposed market rule changes will harm the economics of special case resources.
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OMS took time to celebrate its 20-year anniversary at its annual meeting while exploring familiar themes of restructuring resource adequacy and barriers to large transmission buildout.
The Greater Southwestern Exploration Company
FERC fined independent power producer AES $6 million for failing to fulfill RA obligations related to eight of the company’s 12 generating units operating in Southern California.
ISO-NE
Transmission upgrades that are needed to avoid overloads in a fully electrified New England by 2050 could cumulatively cost between $22 billion and $26 billion, ISO-NE told its Planning Advisory Committee.
NYISO
NYISO did not identify any new near-term reliability issues in its third-quarter STAR, but it does anticipate significant load increases in western and central New York that could warrant more attention.
NYISO
The NYSRC Executive Committee approved the modeling assumptions for its 2024/25 installed reserve margin requirement study base case and discussed potential cap-and-invest updates.
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Comments are due Nov. 3 on PJM’s proposal, which it said would improve reliability and incentivize resource development while controlling costs.
NYISO
NYISO gave summer and monthly operation updates during the OC meeting, and stakeholders recommended the approval of the draft annual Comprehensive Reliability Plan.
CAISO
CAISO maintained normal grid operations during the Oct. 14 solar eclipse, with swings in solar production that were more muted than models based on clear-sky conditions.
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