Reliability and resource adequacy modeling

Growing electric loads and changing resource mixes raise questions about the future of grid reliability. The graphic below illustrates that while capacity expansion with production cost modeling is still the cornerstone of resource planning, layering on reliability modeling can provide valuable–and sometimes essential—information on system performance.

Resource adequacy models (also referred to as reliability models) help us examine how well a resource portfolio can serve future load across the four seasons, during extreme weather events, and under various generator outage scenarios. Synapse licenses the widely-used SERVM resource adequacy model and uses it to:

• Evaluate resource portfolios in an integrated resource plan (IRP)
• Evaluate the need for a resource in a Certificate of Public Convenience and Necessity (CPCN) docket
• Demonstrate the reliability benefits of clean resources
• Conduct ELCC modeling

Learn more by checking out our blog post about resource adequacy modeling. Read about Synapse’s Modeling and Quantitative Analysis services and reach out to work with us.