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 members will likely have to add 343 GW of installed capacity by 2043 to meet policy goals while maintaining resource adequacy, the RTO said in preliminary results from its annual Regional Resource Assessment.
Change is coming to FERC after Tuesday's election, but the policies the agency oversees are rarely top of mind during campaigns, so it is unclear how much will be different.
SPP’s Board of Directors has approved the RTO’s 2025 operating and capital budgets and its net revenue requirement following a unanimous endorsement by the Members Committee.
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
The NYISO Management Committee passed the draft Reliability Needs Assessment and recommended that the Board of Directors approve it at its next meeting.
Dominion Energy reported net income of $953 million in the third quarter this year, as it continued to see load growth from data centers, progress on its offshore wind project, and infrastructure damage from Hurricane Helene.
A common refrain at FERC’s technical conference on the co-location of data centers was that the issue is just part the broader problem of resource adequacy.
Xcel Energy is welcoming the coming wave of data centers despite the increased demand they will place on the grid, saying it will accelerate transmission and generation build.
Deep decarbonization of the New England grid will pose major challenges related to resource adequacy and market administration, ISO-NE concluded in the final report of its Economic Planning for the Clean Energy Transition study.
EPRI launched its DCFlex initiative, which is meant to maximize demand flexibility from data centers to help them more quickly plug into the grid and provide demand response for emergencies.
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