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.
PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.
Sweltering heat has helped ERCOT finally set a new all-time peak demand mark after several close calls during the preceding week.
MISO and the Organization of MISO States’ 2022 resource adequacy survey again sounded the supply alarm rung from the 2022/23 capacity auction results.
ERCOT has issued its third operating condition notice since April, warning of extreme, hot temperatures in several of its weather zones this weekend.
NYISO must quickly replace retiring fossil generation with clean resources with similar reliability attributes, according to its annual Power Trends report.
MISO is proposing a makeover of its generator retirement studies that includes more notice and stiffer adherence to local reliability requirements.
ISO-NE is considering bringing back several past winter reliability programs ahead of possible tight conditions this year.
The Northwest stands out as an exception to the increasingly dire water situation gripping the wider West, boding well for its summer hydropower potential.
ERCOT's record peak of 74.8 GW could be broken this week as above-normal temperatures continue to bake Texas.
New England is not facing the same warnings as other regions this summer, but severe heat could still force ISO-NE into emergency actions, the RTO said.
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