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 now cautiously estimates that the benefits of a seasonal capacity auction would outweigh potential drawbacks.
A ISO-NE whitepaper attempts to chart a course for the RTO to develop new market-based solutions to overcome New England’s energy security challenges.
FERC rejected a CAISO plan to change incentive rules under its resource adequacy mechanism for wind and solar generation.
FERC granted MISO permission to implement the remaining two proposals in its three-part short-term resource availability and need project.
CAISO’s Board unanimously approved a proposal to address concerns that the ISO’s market power mitigation rules disincentivize participation in the EIM.
FERC Commissioner Cheryl LaFleur reflected on New England's electricity markets, and NERC CEO Jim Robb shared concerns about fuel security at the event.
MISO’s most recent maximum generation emergency is yet another portent of its increasing need to rethink grid operations, execs told the Board of Directors.
Stakeholders reluctantly agreed on a path forward for PJM’s proposed “fuel security” initiative after about two hours of debate.
The rift over the rapid expansion of community choice aggregators in California took center stage at a state Senate hearing on Tuesday.
Offshore wind will soon be comparable in scale to other renewable energy resources such as onshore wind and solar, participants at the ISO-NE’s Consumer Liaison Group heard.
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