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 leadership has not yet decided on how it can improve resource availability, though it is evaluating several possible remedies, the RTO said.
MISO’s Advisory Committee appeared split over whether the RTO should assume greater authority in granting planned outages.
A systemwide emergency, market innovations and the relatively calm summer topped the discussions at MISO’s Board of Directors meetings.
Generation reserve margins might drop if coal and nuclear units retire sooner than anticipated, according to the preliminary findings of a NERC study.
PJM has scheduled a two-day workshop on enabling DERs to “ride through” frequency fluctuations but postponed action on a task force on the issue.
MISO declared a maximum generation alert Sept. 17 because of tight reserve levels amid forced outages and hotter-than-expected temperatures.
MISO has sufficient resources available to cope with warm conditions this fall, although there is a risk it may be forced to order emergency procedures.
ERCOT said that it expects to have enough installed generating capacity available to meet fall and winter peak demand.
ERCOT Market Monitor Beth Garza gave her perspective on how the energy-only market survived the summer of 2018 to the Future Power Markets Summit.
Hot and humid weather and several unplanned generator outages sent ISO-NE power prices soaring Monday and led the RTO to purchase emergency energy.
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