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.
After receiving positive feedback from stakeholders, ISO-NE plans to proceed with its proposal for a quantitative threshold to determine an acceptable level of energy shortfall risk for the region.
FERC approved PJM’s proposal for allocating the costs for Constellation Energy to continue operating its Eddystone Generating Station near Philadelphia under an emergency order by the U.S. Department of Energy.
The NYISO Operating Committee approved the system impact study for the second of Micron Technology’s semiconductor chip manufacturing centers.
FERC said MISO should spread the costs of keeping a Michigan coal plant running past its retirement date over the RTO’s entire Midwest region.
Duke Energy has asked state and federal regulators to combine its two electric utilities that serve the Carolinas in a move it said would result in billions of dollars of customer savings.
A Grid Strategies report concludes that if the Department of Energy continues to supersede retirement decisions for fossil-fueled power plants, it could cost consumers an extra $3 billion annually in a little more than three years.
A new report urges SPP to accelerate its interconnection process and reform market rules to allow greater buildout of energy storage.
MISO members largely agreed that MISO’s new capacity auction structure — featuring individual seasonal auctions and a sloped demand curve — is better for the health of the system.
A new report by EPRI and Epoch AI estimates U.S. power demand by artificial intelligence could jump from 5 GW today to more than 50 GW by 2030.
Stakeholders requested the NYISO Market Monitoring Unit provide an explanation of the difficulties in obtaining data from the ISO and market participants on supplemental commitments after it presented its State of the Market report for the first quarter.
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