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.
PJM assured Pennsylvania legislators that the state has ample power generation for its needs and cautioned that fuel diversity will not ensure reliability.
The MISO Resource Adequacy Subcommittee will devote time this year to several projects focused on improving the RTO’s resource adequacy construct.
RTO officials asked FERC to allow their stakeholder processes time to develop additional resilience measures and to require more gas-electric coordination.
MISO detailed its spring readiness and said there’s a small possibility of emergency conditions.
FERC accepted MISO’s plan to refund Michigan ratepayers $24.6 million in overcharges stemming from SSR agreements imposed on Presque Isle.
Infocast’s annual ERCOT Market Summit once again featured panel discussions on market reform, grid resiliency and resource adequacy.
FERC both vacated and reinstated MISO’s entire resource adequacy construct, ultimately leaving the RTO’s current capacity auction format undisturbed.
PJM is experiencing an “unprecedented” switch from coal- to gas-fired generation while also managing the replacement of aging transmission infrastructure.
ERCOT said it expects the recent retirement of coal-fired and aging units to result in tight operating reserves this summer .
ISO-NE is racing to relieve natural gas pipelines constraints and interconnect new resources, CEO Gordon van Welie said.
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