resource adequacy requirement (RAR)
GridLiance
FERC accepted SPP’s proposed tariff revisions to incorporate a mark-to-auction collateral requirement for its transmission congestion rights market but did not terminate a show-cause proceeding.
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FERC is expected to rule on SPP’s proposed tariff revisions adding a winter season resource adequacy requirement and several other issues related to the grid operator.
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SPP’s Board of Directors has approved the RTO’s 2025 operating and capital budgets and its net revenue requirement following a unanimous endorsement by the Members Committee.
CAISO
CAISO staff and stakeholders again dove into the details of the ISO’s resource adequacy construct, including potentially creating year-ahead requirements and refining the existing capacity procurement mechanism.
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SPP REAL Team members conducted a “therapy session” in forming a consensus position around its schedule and priorities for 2024.
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SPP stakeholders endorsed a tariff revision request that adds a winter resource adequacy requirement for load-responsible entities bound by the grid operator’s recent planning reserve margin increase.
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FERC has approved SPP tariff revisions of resource adequacy requirements that would provide LREs with an alternative approach to deficiency payments.
SPP
SPP’s Board and Members Committee have approved two resource adequacy revision requests, ending a last-minute dash to gain stakeholder approval.
SPP
SPP’s MOPC approved two revision requests related to resource adequacy requirements that members had set aside during its meeting earlier this month.
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MISO has proposed prohibiting some resources from using an emergency commitment status in its markets in order to have wider access to its committed capacity.
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