The Electric Power Research Institute (EPRI) has launched a new initiative to help ensure the ongoing ability to meet electricity demand by better anticipating and assessing risks to power supply resources due to extreme weather and other hazards.
The initiative is designed to address emerging resource adequacy risks illustrated by recent power disruptions in areas such as Texas and California. The project brings together grid operators, utilities, researchers, and other key stakeholders from across the electric power industry to accelerate the evolution of resource adequacy (RA) processes and tools for a decarbonized energy system that must serve society in the face of increasing threats.
“Utilities are transforming with their foot on the accelerator,” said Arshad Mansoor, EPRI president and CEO. “In markets around the world, the power sector is reshaping energy systems while responding to e
