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 will evaluate the merits of defining new seasonal reliability criteria and implementing a sub-annual capacity construct, stakeholders learned.
NWPP members discussed a proposed resource adequacy program that would create a “binding” capacity mechanism for summer and winter.
Stakeholders appear torn over whether MISO should develop reliability guidelines that could establish uniform resource adequacy criteria.
The California PUC rejected a huge boost in megawatts for the San Francisco Bay Area that CAISO insists NERC and WECC reliability standards require.
WECC took a step further into its role as RA monitor after its board approved a resolution listing the risk factors it plans to prioritize.
MISO and its Independent Market Monitor are at odds over how and how quickly the RTO should address its resource adequacy, board members heard Tuesday.
MISO said it continues to weigh changes to its markets and resource adequacy construct as part of its multiyear resource availability and need project.
MISO could face a generation shortfall as early as 2022, according to the annual survey by the Organization of MISO States and the RTO.
MISO said it will file a one-time waiver with FERC to ensure market participants can replace load-modifying resources impacted by the coronavirus pandemic.
WECC kicked off a resource adequacy initiative that revealed how the organization hopes to position itself for the future.
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