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Industries

Resource Adequacy

CRA’s Energy Practice supports utilities, system operators, regulators, and market participants assess resource adequacy, evaluate reliability risks, and develop strategies to maintain reliable and cost-effective electric systems. Our work combines advanced probabilistic modeling, power market analysis, resource planning, and regulatory expertise to support decisions about resource portfolios, capacity requirements, market design, and investment priorities.

We address the increasingly complex interactions among load growth, resource availability, weather, storage, transmission constraints, and evolving market conditions. Our analytical capabilities include AdequacyX, CRA’s advanced probabilistic resource adequacy modeling platform, which uses Monte Carlo simulation and synthetic representations of future weather, load, and resource performance to evaluate reliability across thousands of potential system conditions, including extreme and correlated events. Combined with our broader economic and market expertise, these capabilities help clients identify the drivers of reliability risk, evaluate alternative approaches to meeting capacity needs, and assess the costs, benefits, and tradeoffs associated with different resource and market strategies.

Our services span the full range of resource adequacy challenges, from developing and evaluating reliability standards and capacity accreditation methodologies to assessing the implications of large-load growth, generation retirements, renewable integration, and changing resource portfolios. We also support clients in regulatory proceedings, stakeholder processes, and market design initiatives, providing independent analysis and expert testimony on resource adequacy issues.

Our services include:

  • Resource adequacy assessments and planning
  • Probabilistic reliability modeling
  • Capacity accreditation and ELCC
  • Resource portfolio evaluation
  • Load growth and large-load impacts
  • Capacity markets and market design
  • Transmission and regional coordination
  • Reliability economics and investment strategy
  • Regulatory and stakeholder support

Please contact energypractice@crai.com for more information.

Engagements

  • 01
    Resource adequacy and cold-weather risks for large load client
    CRA supported a large load client by assessing the resource adequacy of a grid in which they were considering making a large economic investment. In addition...
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  • 02
    Supported PJM utility in addressing resource adequacy amid high load growth
    CRA supported a utility in PJM evaluate expected resource adequacy challenges due to load growth and retiring generation outpacing the new resource entry. CRA...
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