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.
FERC voted 2-1 to approve ISO-NE’s cost-of-service agreement with Exelon for its Mystic plant, including payments to the company’s Distrigas LNG facility.
NERC warned that faster than expected coal and nuclear power plant retirements could jeopardize reliability if grid operators are not prepared.
A report on fuel security in PJM shows the grid is reliable in all but extreme scenarios as long as resources are compensated for being fuel-secure.
MISO discussed what resource availability and need solutions it will focus on next year, including improvements to the Planning Resource Auction.
ERCOT is repeating many of the preparations it took before last summer as it looks ahead to even tighter reserve margins in 2019.
NYISO said it will have adequate capacity on hand to meet its forecasted peak demand of 24,260 MW for the 2018/19 winter season.
Several MISO stakeholders are criticizing Tariff filings the RTO plans to make by the end of the year to free up an additional 5 to 10 GW of capacity.
ISO-NE’s interim proposal to use an out-of-market mechanism to address concerns about fuel security was approved by FERC.
Stakeholders are skeptical of MISO's proposed Tariff revisions imposing stricter outage rules and load-modifying resource requirements.
ERCOT’s Technical Advisory Committee endorsed a staff suggestion to increase by 50% the boundary thresholds used to project future loads in Far West Texas.
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