November 22, 2024
MISO Redesign Nears Completion
The MISO stakeholder redesign is complete — or nearly so, according to committee members close to the project.

By Amanda Durish Cook

NEW ORLEANS — MISO’s stakeholder redesign is complete — or nearly so, according to committee members close to the project.

MISO Steering Committee © Copyright <em>RTO Insider</em>
At the meeting © RTO Insider

“We have gotten through what I would consider to be a complete transition,” Steering Committee Chair Tia Elliott, of NRG Energy, said during last week’s board meeting. “Quite a bit of streamlining has taken place.”

Audrey Penner, chair of the Advisory Committee, said the redesign was about 90% complete.

Continuing that work, the Steering Committee unanimously supported a motion to retire the Pseudo-Tie Issue Task Team. MISO Director of Market Engineering Kim Sperry said the team had fulfilled its objective of framing pseudo-tie issues and passing them along to other working groups. Sperry said that those issues will be taken up in the Joint and Common Market meetings between PJM and MISO, while related market topics will be addressed at future Market Subcommittee meetings.

miso retirements - stakeholder redesign entity transitions

Other highlights of the redesign:

  • With the retirement of the Data Transparency Working Group, the Steering Committee will take over responsibility for recommending which MISO group should handle data requests. (MISO will retain final say.) Working group liaison Tom Welch said two of the five data issues that remain open will be concluded in the first week of April, when MISO is expected to begin posting final five-minute real-time market clearing prices and historical five-minute real-time ex ante LMPs and MCPs.
  • Steering Committee members approved the Credit Settlements Working Group charter and management plan. The newly formed group will hold its first quarterly meeting in Carmel, Ind., on May 12.
  • The Resource Adequacy Subcommittee has elected Madison Gas and Electric’s Gary Mathis and Wisconsin Public Service’s Chris Plante to serve as chair and vice chair, respectively. The RASC replaces MISO’s former Electric and Natural Gas Coordination Task Force and the Demand Response and Loss of Load Expectation working groups.
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