loss of load expectation (LOLE)
MISO discussed what resource availability and need solutions it will focus on next year, including improvements to the Planning Resource Auction.
MISO officials say they will follow through on most recommendations in its Independent Market Monitor’s 2017 State of the Market report.
A recent MISO study slightly overestimated actual capacity offers in the 2018/19 Planning Resource Auction.
The MISO Reliability Subcommittee’s resource availability and need effort could revive a discussion on developing a capacity market divided by season.
The NYISO Board of Directors has rejected two appeals of Management Committee votes on capacity zones and locational capacity requirements.
Increased renewable power integration will shift the peak load in MISO to evening hours, with a spikier but shorter daily loss-of-load risk.
MISO is switching gears on a previous proposal to discontinue its practice of forecasting long-term capacity import and export limits.
Preliminary estimates show that MISO’s capacity requirements and available supply for the 2018/19 capacity auction will be in line with last year’s figures.
State and consumer representatives asked for education sessions during the first meeting of PJM’s new Summer-Only Demand Response Senior Task Force.
MISO officials are examining how they can capture the risk of planned and maintenance outages occurring during peak load.
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