2022 Summer Resource Adequacy in the ERCOT Region

Abstract

This report is a 2022 update to the National Energy Technology Laboratory (NETL) report that examined the potential system performance of the Electric Reliability Council of Texas (ERCOT) system during the summer of 2021. Anticipated summer reserve margins in ERCOT have risen year-over-year from the 15.7 percent reported in ERCOT’s Final Seasonal Assessment of Resource Adequacy (SARA) for Summer 2021 to 22.8 percent in the Final SARA for Summer 2022, driven mostly by increases in wind and solar generation. Using data from ERCOT’s 2022 Summer SARA, Capacity, Demand and Reserves (CDR) reports, and historical performance data obtained from ERCOT and Hitachi Energy Velocity Suite, six economic dispatch scenarios using PROMOD were developed to assess the risk to ERCOT of a load shedding event for Summer 2022. The results suggests that ERCOT may be facing a very tight resource adequacy situation, with the potential for a serious shortfall during the summer peak, usually the end of July through mid-August, if demand and generator outage rates significantly exceed peak levels. Under these conditions, ERCOT will need to call on its operating tools, including Energy Emergency Alerts (EEA) and calls to conserve electricity, to maintain reliability and continue serving load. Those measures alone may not be sufficient to avert a shedding of load.