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.
MISO’s proposal to use a temporary “fast lane” in its interconnection queue to speed up necessary resource additions would give utility-owned generation preferential treatment, according to protesters’ comments filed with FERC.
New Jersey lawmakers pushed back on the state’s all-electricity, clean-energy strategy at a heated committee hearing, urging an all-the-above approach as PJM faced criticism for failing to foresee a dramatic hike in demand.
Electrical manufacturer trade group NEMA was the latest to release a forecast of electricity demand growth, which shows data centers dominating in the first decade plus, but EVs making up the most from the late 2030s onward.
FERC gave MISO the go-ahead to set its value of lost load at $10,000/MWh by early fall, nearly three times as high as the current $3,500/MWh value.
Attendees at the Electric Power Supply Association’s Competitive Power Summit discussed how markets are responding to rapid demand growth.
In an appearance before the NEPOOL Participants Committee, ISO-NE CEO Gordon van Welie discussed his recent testimony at the U.S. House Energy and Commerce Subcommittee on Energy.
Dominion Energy Virginia asked for its first base rate increase since 1992 in the face of inflation and load growth in its territory.
The current debate in the U.S. electricity sector pitting efforts to increase renewables against the need for grid reliability in the face of growing demand could be unnecessary and counterproductive, according to one expert.
ISO/RTO leaders explained the issues facing their markets and took some questions from members, with subjects like FERC's independence and the recent capacity price spikes in PJM coming up.
Christine Guhl-Sadovy, president of the New Jersey Board of Public Utilities, has a lot to do and little time to do it in.
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