load-modifying resource (LMR)
Voltus filed a complaint with FERC against MISO, alleging the RTO’s “11th-hour” changes in testing and contract proof requirements ahead of the spring capacity auctions will harm demand response resources and affect rates.
MISO revealed it will crack down on demand response testing requirements ahead of its spring capacity auction, while some stakeholders argued the stepped-up measures amount to a change that requires FERC approval.
Voltus filed a complaint at FERC over MISO's interpretation of a recent rule change that led the grid operator to stop accepting replacements for customers who sign up to provide demand response but retire.
Stakeholders appear wary of MISO’s proposed, availability-based accreditation it plans to file with FERC by the end of the year for the RTO’s approximately 12 GW of load-modifying resources.
MISO said it will likely split load-modifying resource participation into two options in an effort to line up their true contributions with accreditation.
Because of resource adequacy risks, MISO may need to place tougher requirements on load-modifying resources and devise new, nonemergency means to use load offsets that can't meet new standards.
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
MISO is evaluating new recommendations from its Market Monitor that include transmission reconfiguration plans, reducing out-of-market commitments and more.
MISO warned that even a normal amount of demand and generation outages will likely send it into emergency procedures this summer.
A MISO emergency declaration is almost a certainty in January if harsh weather meets unforeseen generation outages.
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