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May 20, 2024

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
PJM Operating Committee Briefs: May 2, 2024
PJM presented its 2024 summer study to the Operating Committee, saying preliminary figures show the region has adequate reserves to maintain reliability even as reserve margins tighten relative to recent years. 
CAISO
CAISO’s Capacity Procurement Mechanism Inefficient, Stakeholders Say
Lack of visibility into the contract and availability status of the fleet is causing “inefficiencies” in CAISO’s capacity procurement mechanism process, staff and stakeholders said. 
Dominion Energy
OSW, Data Centers Loom Large in Dominion’s Outlook
Dominion expects to start installing monopiles for the Coastal Virginia Offshore Wind project between May 6 and 8, CEO Robert Blue told analysts during the company’s first-quarter earnings call.
J.Ranck Electric
Stakeholders Deliver Negative Reactions to Proposed MISO Capacity Accreditation at FERC
Stakeholder voices criticizing the design of MISO’s proposed, probabilistic capacity accreditation outnumbered those expressing support before FERC.
PPL
Data Center Load Growth Driving PPL’s Plans
Rising demand from data centers will lead to increased investment in transmission in PPL’s utility territories, executives said during a first-quarter earnings call.
© RTO Insider LLC
Overheard at the Energy Bar Association’s 2024 Annual Meeting
The ongoing turnover of the generation fleet to cleaner resources, the recent return of demand growth and the need to stitch all that together with transmission expansion all came up at the Energy Bar Association’s Annual Meeting. 
© RTO Insider LLC
Participants ‘Unwaveringly Committed’ to WRAP, WPP CEO Says
Western Resource Adequacy Program participants still strongly support the program despite recently appealing to delay its “binding” penalty phase by one year due to concerns about capacity shortages, WPP's Sarah Edmonds said.
CPS Energy
ERCOT Works to Address Loss of San Antonio Units
ERCOT is searching for alternatives to replace capacity that will be lost with the planned retirement of three gas-fired units near San Antonio.
AES Indiana
MISO Reports 123-GW Roster for 2023 Interconnection Queue Cycle
MISO announced that 123 GW of new generation spread across 600 applications are vying to enter its generator interconnection queue under the 2023 cycle.
Western Power Pool
WRAP Participants Seek 1-Year Delay to ‘Binding’ Operations
Citing “significant new headwinds” to securing energy resources, participants in the Western Resource Adequacy Program are seeking to delay the program’s “binding” penalty phase by one year, to summer 2027.

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