The resolution urges the Southwest Power Pool and Midcontinent Independent System Operator to take immediate action to ensure the reliability of the bulk power system in North Dakota. It highlights concerns from the Federal Energy Regulatory Commission regarding the stability of the electricity grid due to the rapid retirement of dispatchable generation resources and delays in developing replacement capacity. The resolution points out that over half of North America faces elevated risks of energy shortages, particularly in the Midcontinent Independent System Operator region, which is identified as high-risk. It emphasizes the need to address resource adequacy and reliability issues, especially as the retirement of dispatchable generation resources is projected to exceed 30 gigawatts by 2030.
Furthermore, the resolution calls for reforms in market pricing mechanisms to ensure that critical reliability attributes are valued appropriately, supporting the continued operation of necessary resources for grid reliability. It advocates for policies that fairly compensate dispatchable base-load energy resources and accurately value all generation resources based on their contributions to grid reliability. The resolution also emphasizes the importance of a diversified energy strategy that includes thermal, renewable, and emerging technologies to maintain an affordable, reliable, and resilient energy grid in North Dakota. Copies of the resolution will be forwarded to relevant authorities and organizations to promote these initiatives.