November 24, 2024

David Patton

MISO Markets Committee of the Board of Directors Briefs
Monitor David Patton said that although MISO markets and operations performed well over a warmer-than-usual summer, there is room for improvement.
MISO, IMM Reach Compromise on Capacity Auction Design
MISO and its Independent Market Monitor have reconciled their differences and reached a compromise on the RTO's capacity market design.
Lawyers Take an Economics Class: Capacity Markets vs. Scarcity Pricing
Four Ph.Ds. joined in a tag-team debate on the virtues of scarcity pricing versus capacity markets in a panel discussion cum economics seminar at the Energy Bar Association’s Annual Meeting.
Independent Market Monitors Wouldn’t Have It Any Other Way
Joe Bowring and David Patton often disagree, but they are 100% in agreement on the need for independence in market monitoring.
Board Orders Negotiation in Auction Disagreement
Independent Market Monitor David Patton asked MISO’s Board of Directors to suspend the RTO’s work on the proposed redesign of its capacity auction.
MISO Market Subcommittee Briefs
The MISO Market Subcommittee discussed Coordinated Transaction Scheduling with PJM and a potential 30-minute reserve product.
PJM-Type Capacity Auction for MISO Zone 4 Proposed
Dynegy and Exelon proposed that MISO Zone 4 procure capacity in three-year forward auctions separate from the rest of the RTO.
No Consensus on PJM FTR/ARR Allocations
All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.
MISO’s December Energy Prices Hit 7-Year Low
MISO officials discussed the effect of December's unusually mild temperatures on energy prices.
Stakeholders to ICC: MISO Resource Adequacy Fine — for now
MISO stakeholders told the Illinois Commerce Commission (ICC) that the RTO needs to reform its markets to encourage generation development.

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