capacity auction
FERC issued MISO a show-cause order saying it appeared to violate its tariff by failing to publish a system-wide unforced capacity ratio ahead of its auction.
The likelihood of a sloped demand curve in MISO’s capacity market earned seals of approval from panelists at GCPA’s 9th Annual MISO/SPP Regional Conference.
PJM said it will ask FERC to modify the rules of its 2024/25 capacity auction to avoid artificially high prices in one region of the RTO.
Months before MISO debuts a seasonal capacity auction, its IMM said he has uncovered a faulty assumption behind the seasonal capacity requirements.
The Organization of MISO States has publicly announced that using a downward-sloping demand curve in MISO’s capacity auction could be a good idea.
MISO broadcast to stakeholders that it’s ready for a sloped demand curve in its capacity auction.
State regulatory staff and MISO executives found no easy answers to solve a burgeoning reliability crisis after converging for a resource adequacy summit.
A month after its capacity auction revealed a Midwestern supply scarcity, MISO’s Independent Market Monitor and a MISO vice president debated the path forward.
MISO officials answered questions about the capacity shortfalls and expensive prices in the 2022/23 auction while stakeholders asked for more supply data.
MISO’s 2022/23 capacity auction saw all its Midwest zones clearing at the nearly $240/MW-day cost of new entry, signaling a need for additional generation.
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