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November 5, 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.
© RTO Insider LLC
FERC State of the Markets Report Shows High Energy Prices for 2022
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
© RTO Insider LLC
PJM Stakeholders Debate Capacity Auction Delays
PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.
Western Power Pool
WPP CEO Looks to ‘Earliest Possible’ Binding Season for WRAP
CEO Sarah Edmonds would like to see the WRAP become “binding” on its participants as soon as possible, but making that transition could still be years away.
© RTO Insider LLC
GCPA Speakers Embrace MISO Sloped Demand Curve
The likelihood of a sloped demand curve in MISO’s capacity market earned seals of approval from panelists at GCPA’s 9th Annual MISO/SPP Regional Conference.
Jupiter Power
ERCOT: Nearly 100 GW Available for Spring Demand
ERCOT says it will have almost 100 GW of seasonally rated capacity available to meet demand this spring, assuming normal weather and outages.
Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
Caltrans
Extreme Weather a Key RA Concern, Western Commissioners Say
While utility commissioners are concerned about variable generation when it comes to resource adequacy, it’s extreme weather that’s keeping them up at night.
North Carolina Utilities Commission
North Carolina Regulators Face Questions on Holiday Outages
The NCUC chair consumer advocate faced lawmakers' questions on the state's first-ever rotating outages stemming from a December storm.
NYISO
NYISO Previews Capacity Accreditation Modeling Work
NYISO briefed the Installed Capacity/Market Issues Working Group on its efforts to improve capacity accreditation.
© RTO Insider LLC
EBA Addresses ‘Zeitgeist’ of Western Regionalization
The Energy Bar Association Western Chapter heard panelists and CAISO's CEO discuss rapidly evolving efforts to organize markets and an RA program in the West.

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