Today’s LiveWire Spotlight looks at NERC’s 2021 Probabilistic Analysis Forum, the second biennial conference considering the evolution of statistical methods used to measure BPS reliability. The three-day meeting focused heavily of the stochastic foundations of the tools, systems, and processes supporting near and long-term electric system planning – and how they will need to adapt as variable resource penetration and performance expectations grow.
NERC’s 2021 Probabilistic Analysis Forum was an impressive body of work exploring the potential of advanced data collection and analysis. It is of concern that over-eager policy makers may read from it that a reliable and affordable zero-carbon BPS is achievable now.