NARUC Annual Meeting
Moderator and newly elected NARUC Second Vice President Ann Rendahl is a Commissioner at the Washington Utilities and Transportation Commission. Jim Robb is the CEO of NERC. James Okullo is Director of System Planning at ESIG. Lisa Tiffin is VP of Planning & Analytics at Tri-State Generation and Transmission. Werner Roth is Senior Market Economist at the PUC of Texas.
NARUC held its Annual Meeting and Education Conference in California inNovember, closing out three years of the theme, "Connecting the Dots, Innovative/Disruptive Technology and Regulation." Here are excerpts from three panels that took place at the Annual Conference.
Commissioner Ann Rendahl: Reliability risks are shifting with extreme climate events and the transmission grid. As a result, resource adequacy, modeling, and reliability assessment frameworks are evolving to better capture the changing nature of the electric system.
Relevant to this topic, yesterday NERC released a new report, "Resource Adequacy for State Utility Regulators, Current Practices, and Emerging Reforms." Utilities, reliability entities, researchers, and regulators are focused on exploring advanced resource adequacy frameworks that leverage multiple metrics to evaluate the ability of power systems to minimize various outage events while balancing costs.
The panelists are going to discuss the motivation behind a multi-metric analysis and explore how regulators can benefit from these approaches, as well as gain a better understanding of the potential reliability impacts of our regulatory decisions.