At last week's MISO Resource Adequacy Subcommittee meeting, staff reviewed how capacity import limits can bind in the RTO's annual capacity auction.

MISO’s plan to create external resource zones in its annual capacity auction isn’t detailed enough on several fronts, FERC told the RTO.

Stakeholders said they foresee MISO making multiple changes to its markets to accommodate energy storage in response to FERC Order 841.

MISO’s Market Monitor floated a plan that would allow resources that are unavailable for the full planning year to offer into the RTO’s capacity auction.

A recent MISO study slightly overestimated actual capacity offers in the 2018/19 Planning Resource Auction.

MISO reported clearing 135 GW of capacity, with nine of its 10 local resource zones clearing at $10/MW-day.

After almost three years of deliberation, MISO is putting the final touches on a plan to create external resource zones for its annual capacity auction by 2019.

The MISO Resource Adequacy Subcommittee will devote time this year to several projects focused on improving the RTO’s resource adequacy construct.

FERC both vacated and reinstated MISO’s entire resource adequacy construct, ultimately leaving the RTO’s current capacity auction format undisturbed.

The MISO Market Monitor is seeking to use the RTO’s recent refiling of its resource adequacy construct to force a FERC ruling on changing its capacity demand curve.