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October 3, 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 Says Dicey Fall Operations Ahead
MISO expects a chance for an emergency every month this fall, with the possibility of burning through the entirety of its emergency resource reserves.
Broad Reach Power
ERCOT: Sufficient Capacity to Meet Fall Demand
ERCOT's final resource adequacy assessment for the fall indicates it has sufficient installed generating capacity to meet peak demand under extreme conditions.
E3
NYISO Stakeholders Discuss Resource Adequacy, Capacity Rules
Stakeholders discussed methodology behind NYISO's straw proposal on capacity accreditation as the grid and energy market adapt to a diverse resource mix.
PGE
California Energy Commission Looks at Gas for Midterm Reliability
The CEC predicted a massive rollout of storage resources through 2026 that should negate the need for more gas generation, absent problems.
MISO
MISO: Lessons Remain From February’s Winter Crisis
MISO's Trevor Hines told attendees at a webinar that the RTO is still identifying and working through lessons from the February winter storm.
NWPP
RA Program will Require Restructuring of NWPP
The Northwest Power Pool will have to restructure its governance to obtain FERC approval for its proposed resource adequacy program, representatives said.
Texas Admin Monitor
Texas PUC Hearings Begin on $2.9B ERCOT Securitization
The Texas PUC began hearings over ERCOT's request for a pair of debt-obligation orders to finance $2.9 billion incurred during the February winter storm.
Public Policy Institute of California
CEC to Issue Emergency Gas Generation Permits
The California Energy Commission decided to issue emergency licenses for gas generators of 10 MW or more as the state faces up to a 3,500 MW shortfall.
PJM
Stakeholders Endorse but Question PJM’s Load Model
PJM stakeholders unanimously endorsed the 2021 reserve requirement study but requested more modeling on the impacts of extreme weather conditions.
ERCOT
ERCOT Board of Directors Briefs: Aug. 10, 2021
The ERCOT Board of Directors agreed to approve the 2022-2023 biennial budget and to keep the administrative fee at its current rate.

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