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November 25, 2024

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.
MISO
MISO: Little Firm Capacity to Spare This Summer
MISO this week said it will likely operate with almost no firm generating capacity to spare to manage typical summertime peaks.
MISO
MISO: Auction Results Point to Need for Sloped Demand Curve
MISO executives said the capacity market still needs fixing, warning that the surplus gained from last week’s auction is fleeting without long-term changes.
S&P Global Commodity Insights
FERC Forecasts Low Summer Gas Prices, Reliability Concerns
Falling natural gas prices and additional electric resources are among the bright spots in FERC’s Summer Energy Market and Electric Reliability Assessment.
Cleco
FERC Again Rejects MISO Minimum Capacity Obligation
MISO still doesn’t have enough justification to institute a minimum capacity obligation, FERC decided last week.
CAISO
CAISO Board Adopts Revamped Transmission Plan
CAISO's Board of Governors approved a redesigned transmission plan that focuses on high-priority projects amid a crush of interconnection requests.
© RTO Insider LLC
OMS RA Summit: Accreditation, Demand Curves, Retirements
MISO players weighed the RTO’s recent moves to fortify resource adequacy, including seasonal capacity, accreditation approaches a downward-sloping demand curve.
American Public Power Association
MISO Summer Assessment Postponed for Auction Results
MISO delivered an incomplete summer readiness report Thursday while stakeholders waited on seasonal capacity auction results.
MISO
1st MISO Seasonal Auctions Yield Adequate Supply, Low Prices
The results of MISO’s inaugural seasonal capacity auctions, released late Wednesday, showed sufficient supply for the 2023/24 planning year.
CAISO
Hydro, New Resources Boost CAISO’s Summer Outlook
CAISO says that 8,100 MW of new resources and California's record snowpack, which is expected to increase hydro generation by 72%, improve its summer forecast.
ISO-NE
Study: Limited Exposure to Supply Shortfall for ISO-NE During Extreme Weather
Study looks at severe weather scenarios based on historical data going back to 1950, finds manageable risks of supply shortfall.

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