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November 24, 2024

loss of load expectation (LOLE)

PJM PC/TEAC Briefs: July 13, 2017
The PJM Planning Committee approved revisions to the rules for the Regional Transmission Expansion Plan, agreeing to extend the cycle to 18 months.
MISO May Bar Units on Extended Outage from Capacity Auctions
MISO is considering prohibiting resources on extended outages from participating in capacity auctions or other changes to capture the risk of such outages.
PJM: Increased Gas Won’t Hurt Reliability, Too Much Solar Will
PJM can maintain adequate reliability with a generation fleet almost entirely composed of natural gas units, according to a study the RTO released.
PJM Planning Transmission Expansion Advisory Committee Briefs
General assumptions regarding winter operations will need to be replaced with actual data to improve PJM’s winter resource adequacy analysis.
MISO 2017/18 Planning Reserve Margin at Nearly 16%
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.
PJM Operating Committee Briefs
At last week's PJM Operating Committee, members endorsed PJM’s 2016/17 winter weekly reserve targets, but not without first questioning them.
ERCOT Maps out Plan for Changing Reserve Margin Methodology
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 Resource Adequacy Subcommittee Briefs
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 Planning Committee TEAC Briefs
PJM is seeking stakeholder feedback as it considers a redesign of the Transmission Expansion Advisory Committee. 
MISO Moves Forward on Auction Design; Seasonal Filing Delayed Again
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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