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.
CAISO declared an EEA watch for a second straight day, citing “uncertainty” about energy supply and load forecasts, transmission constraints and high electricity demand in the Western U.S.
NYISO addressed stakeholder questions in a statement it released about the predicted near-term reliability shortfall in New York City, and potentially statewide.
PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.
NARUC's annual Summer Policy Summit attracted more than 1,000 attendees for discussions on understanding and preparing for the challenges that lie ahead.
PJM responded to Ohio legislators' concerns about the cost impact of Illinois' climate policy, saying it could not split Ohio out of related transmission planning and pledging to work with lawmakers going forward.
New York is looking at a broader array of solutions as fossil plants retire and not enough renewables come online.
PJM released a report on the December 2022 winter storm detailing its emergency actions and recommended changes to its markets and operations to limit the impact of future severe weather.
Temperatures in Austin topped out at 105 degrees Fahrenheit, helping ERCOT to again set a record for hourly peak demand when load averaged 82.03 GW.
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
The committee discussed future energy deficiencies in New York City, NYISO's demand curve reset and impacts from extreme weather in the region.
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