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.
More than half of the U.S. coal fleet could be retired by 2025 to reduce emissions and generating costs, with no harm to reliability, according to RMI.
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
WECC found the southern portion of the Northwest Power Pool region could fail to meet resource adequacy requirements for 3 hours this year.
A stakeholder initiative to help ensure resource adequacy and avoid energy emergencies this summer is headed to the CAISO Board of Governors.
MISO is still collecting data and reviewing the actions it took during a massive cold spell that gripped most of the U.S. in mid-February.
ERCOT CEO Bill Magness detailed for the Board of Directors the events that led up to last week’s near collapse of the grid during a severe winter storm.
CAISO issued a draft final proposal for its summer readiness market enhancements initiative just three weeks after presenting a straw proposal.
With the ERCOT system back to normal operations, Texas politicians and regulators are taking initial steps to ensure a similar crisis doesn’t happen again.
The California-Mexico subregion cannot maintain resource adequacy without imports, and the greatest risk of shortages is in Southern California, WECC said.
ERCOT said reserves had been restored and declared a return to normal conditions, ending an emergency that had left more than 4 million without power.
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