While MISO’s Market Subcommittee (MSC) will not be subject to a name change in light of the creation of the Resource Adequacy Subcommittee (RASC), it will have to revisit parts of its charter and management plan to reflect a division of market responsibilities, MISO’s Steering Committee decided last week.
Some stakeholders had suggested changing the name of the MSC to explicitly denote its focus on energy and ancillary markets, compared with the RASC’s emphasis on capacity markets. Most Steering Committee members shot down the suggestion in an April 27 meeting.
“In a selfish way, I would prefer not to add anymore words to the acronym,” American Electric Power’s Kent Feliks said.
“I don’t see a need to change it,” Manitoba Hydro’s Audrey Penner said. “Everyone has come to understand exactly what it means.”
The Steering Committee also examined the MSC’s charter and management plan to ensure the subcommittee’s oversight responsibilities avoid overlap with that of the RASC, recommending the MSC remove any references related to capacity markets.
Six Working Group and Subcommittee Charters Greenlit
The Steering Committee approved by consent a bundle of largely unchanged charters for six working groups and subcommittees, which included the Finance and Planning subcommittees and the Seams Management and Emergency Preparedness/Power System Restoration working groups.
The charter for the Loss of Load Expectation Working Group was also approved with the minor change that it report to the newly formed RASC instead of the Planning Advisory Committee.
The committee also approved the charter for the System Operator Training Working Group (SOTWG) despite stakeholder questions about whether the responsibilities of that group should be transformed into a MISO function.
MISO Grants 2 Data Requests, Denies Another
MISO will soon begin posting final five-minute real-time market clearing prices and historical five-minute real-time ex ante LMPs and market-clearing prices, according to Tom Welch, former liaison to the now-retired Data Transparency Working Group.
However, MISO declined a request to post all definitions contained in its monthly voltage and local reliability make-whole payments reports.
Welch said MISO cannot break down the report any further because individual components would reveal revenue sufficiency guarantee payments and make-whole payments for specific units, violating Tariff confidentiality provisions.
Welch also said MISO is reviewing a new request for reports that break down wind output by region.
— Amanda Durish Cook
