Transforming Resource Adequacy

Deck: 

A Reliable, Clean Energy Future

Fortnightly Magazine - November 2023
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The increasing electrification of our national economy coupled with a near simultaneous transition to a decarbonized grid continues to present challenges for industry as it works to assure resource adequacy and a reliable bulk power system (BPS).

These challenges, when combined with an increased number of extreme weather events as documented in NERC's 2023 State of Reliability Report, require a rethink in the way in which generating capacity, energy supply, and load-serving needs are understood.

NERC's 2022 Long-Term Reliability Assessment, which provides a ten-year outlook on resource adequacy, identified a substantial change in the energy portfolio. Wind, solar, and natural-gas-fired generation are the overwhelmingly predominant generation types in the planning horizon in addition to the BPS. A summary of generation resources in the interconnection planning queues is shown in the Figure.

See Figure One.

This resource mix transformation requires a change in our approach to resource adequacy. Historically, analysis of the resource adequacy of the BPS focused on capacity over peak time periods.

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