summer readiness
This summer should bring high temperatures and electricity demand but flat power prices as cheaper fuel offsets heavy load, according to a FERC assessment.
NYISO sad it expects enough capacity to serve peak load this summer under normal conditions, but hotter-than-expected weather could lead it to resort to emergency procedures.
NERC’s 2024 Summer Reliability Assessment found that every region has met its reserve margin targets but that many areas would face difficult operations in lengthy, widespread heat waves.
CAISO officials are optimistic about the grid’s performance this summer, as the system has added 4.5 GW of nameplate capacity since September with another 4.5 GW on the way.
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.
ERCOT says it is prepared for triple-digit temperatures in much of Texas this week and next that are expected to lead to new records for peak demand.
The OC approved the results of an ISO operating study showing New York’s bulk power system can operate reliably this summer based on transfer capabilities.
SPP says it expects “normal” summer operations in its balancing authority and reliability coordinator areas this summer, despite a projected drought.
Falling natural gas prices and additional electric resources are among the bright spots in FERC’s Summer Energy Market and Electric Reliability Assessment.
MISO delivered an incomplete summer readiness report Thursday while stakeholders waited on seasonal capacity auction results.
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