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 said its members may need to build up to 200 GW in new installed capacity by 2041 to meet reserve requirements while achieving renewable targets.
NYISO’s Management Committee approved tariff revisions and received briefings on the ISO’s winter supply outlook and its updated Strategic Plan.
FERC asked for more information on the Western Resource Adequacy Program, including how it would accommodate participants without market-based rate authority.
Two former FERC chairmen are pessimistic that MISO will be able to reign in shortages or high capacity prices anytime soon.
New York TOs proposed tariff amendments that would clarify their ability to exercise a ROFR for public policy transmission network upgrade facility upgrades.
The Energy Department awarded PG&E more than $1 billion to keep California's last nuclear plant operating beyond its planned retirement for grid reliability.
The proposed governance structure for SPP's Markets+ service offering and resource adequacy are two key differences with CAISO's RTO proposal.
The annual NARUC meeting covered ground on rate design, energy storage and reliability while the energy portfolio undergoes renovation.
CAISO held its Stakeholder Symposium for the first time since 2018 and weighed the transmission needs of the West to deliver renewable resources.
At FERC’s annual reliability technical conference, commissioners focused on work needed to prepare the bulk power system for rapidly developing challenges.
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