All bets are off: Reexamining the 1 day in 10 years standard for electric reliability
In the United States, a common resource adequacy standard is that the probability of demand exceeding generation capacity is less than one day in 10 years. The linked presentations discuss how the standard is modeled and explain how the energy transition calls for new approaches to design, model, and meet resource adequacy standards.
Resource Adequacy Requirements: Reliability and Economic Implications, Report prepared for the Federal Energy Regulatory Commission by Johannes P. Pfeifenberger and Kathleen Spees The Brattle Group, and Kevin Carden Nick Wintermantel, Astrape Consulting, September 2013
Power Market Structure & Design
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