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.
Retail-choice states wanting to reduce their reliance on RTO capacity markets need to improve how their retail markets handle resource procurement.
ISO-NE is wrapping up its Energy Security Improvements initiative ahead of a FERC deadline, stakeholders learned during a NEPOOL Markets Committee meeting.
FERC rejected ISO-NE Tariff revisions to clarify that resources retained for fuel security reasons will not be retained for other reasons once the fuel security retention period ends.
MISO predicts energy usage this spring will peak at 100 GW in May, with about 134 GW of total capacity available.
MISO is preparing to make two resource adequacy filings with FERC aimed at making its capacity resources more readily available.
ERCOT's first seasonal assessment of resource adequacy for the summer foresees a repeat of 2019 but with additional capacity to help meet demand.
FERC rejected MISO’s bid to expand its Independent Market Monitor’s physical withholding mitigation to include non-capacity resources.
A mild winter across the Midwest footprint made for an easy January for MISO operators, stakeholders heard at the Reliability Subcommittee meeting.
PJM's meetings had discussions on opportunity costs, collateral requirements, resource adequacy and TOs' controversial plans for reducing critical assets.
MISO saved members between $3.2 billion and $4 billion over the course of 2019, according to the RTO's annual Value Proposition study.
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