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The key to successful regionalization is a governance framework that clearly preserves each state’s existing authority to control the resource planning, resource mix and resource adequacy of its jurisdictional utilities. […]

Resource Adequacy, commonly referenced as “RA” for short, is a term that is often heard but frequently not well understood in the electricity sector. In the simplest terms, RA is just a regulatory construct developed to ensure that there will be sufficient resources available to serve electric demand under all but the most extreme conditions.