loss of load expectation (LOLE)
The PJM Planning Committee approved revisions to the rules for the Regional Transmission Expansion Plan, agreeing to extend the cycle to 18 months.
MISO is considering prohibiting resources on extended outages from participating in capacity auctions or other changes to capture the risk of such outages.
PJM can maintain adequate reliability with a generation fleet almost entirely composed of natural gas units, according to a study the RTO released.
General assumptions regarding winter operations will need to be replaced with actual data to improve PJM’s winter resource adequacy analysis.
MISO will have a 15.8% planning reserve margin for the 2017/18 planning year, up slightly from last year, according to the RTO’s loss-of-load-expectation study.
At last week's PJM Operating Committee, members endorsed PJM’s 2016/17 winter weekly reserve targets, but not without first questioning them.
Texas regulators signed off on ERCOT’s plan to review its reliability standards and replace its loss-of-load expectation methodology for determining its reserve margin with one based on economics.
MISO’s forward capacity auction proposal for merchant supply is close to being filed with FERC, and the RTO is using the final weeks to make presentations to support its stance.
PJM is seeking stakeholder feedback as it considers a redesign of the Transmission Expansion Advisory Committee.
MISO will not yield on a planned July filing for capacity auction design changes, while a filing to add seasonal and locational constructs will be delayed.
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