Electricity Today T&D Magazine

The Federal Energy Regulatory Commission (FERC) recently hosted the Co-Located Load Conference, a significant event that focused on resource adequacy, energy reliability, and the challenges of ensuring sufficient electricity supply amidst changing grid dynamics. As the energy landscape continues to evolve with the integration of renewable energy sources, the ongoing electrification of sectors like transportation and heating, and the growing demand for electricity, FERC’s conference highlighted the importance of adapting and modernizing resource adequacy mechanisms to meet these new challenges.

Resource Adequacy: A Growing Concern

Resource adequacy refers to a power system’s ability to reliably meet consumer demand, including during peak times. Traditionally, ensuring resource adequacy has meant having enough generation capacity to meet electricity demand during periods of extreme need, such as during heatwaves or cold snaps. However, as the U.S. moves toward a cleaner, more renewable grid, the need to reassess and refine existing resource adequacy frameworks has...