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July 22, 2024

loss of load expectation (LOLE)

PJM PC/TEAC Briefs: Oct. 6, 2020
PJM stakeholders endorsed an installed reserve margin of 14.4%, down from 14.8% in 2019, along with new winter weekly reserve targets.
MISO Lays Out Seasonal Capacity Options
MISO's resource adequacy staff is considering multiple options to implement a sub-annual capacity mechanism.
SPP MOPC Briefs: July 15-16, 2020
SPP stakeholders once again took a crack to resolve a weighty issue in determining how futures will be considered in the RTO’s 2021 transmission plan study.
MISO Exploring New RAN Changes
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 Stakeholders Split on Seasonal RA Measures
Stakeholders are divided on whether MISO has conducted enough analysis to justify adopting seasonal capacity auctions and loss-of-load expectation studies.
Stakeholders Question High Mich. Capacity Prices
Stakeholders asked if MISO’s new long-term generation outage policy played a role in driving up Michigan capacity prices in the Planning Resource Auction.
MISO Leans Toward Seasonal RA
MISO is contemplating creating a seasonal design for its resource adequacy construct to manage potential reliability risks outside of the summer months.
Overheard at Infocast’s ERCOT Market Summit
The Infocast ERCOT Market Summit brought together nearly 300 industry representatives and policymakers to discuss the Texas grid and challenges it faces.
FERC Denies Rehearing on NYISO LCRs
FERC denied rehearing of its order accepting NYISO’s revisions to the methodology it uses to determine locational minimum installed capacity requirements.
MISO Eyes Cuts to LMR Capacity Credit
MISO says it may reduce the capacity accreditation of some of its load-modifying resources in an effort to improve resource availability in its footprint.

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