Planning Resource Auction (PRA)
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.
MISO obtained a one-time waiver of the deadline for its 2017/18 capacity auction from FERC because of technical difficulties on the RTO’s market platform.
MISO staff asked the Resource Adequacy Subcommittee (RASC) for feedback on the group’s priorities for 2018 and how the RTO could import capacity from IESO.
MISO’s next capacity auction will likely rely on megawatt values and limits similar to those underpinning last year’s auction.
MISO stakeholders will vote on whether to broaden export limits for its upcoming capacity auction after WPPI Energy called for the RTO to act.
After criticizing Ameren Illinois for miscalculating its summer peak load forecast, Dynegy called on MISO to develop a new process for verifying forecasts.
After discord surrounding MISO’s plan to incorporate external zones into its auction and divvy up excess revenues, Entergy emerged with its own plan.
MISO has decided to delay the formation of external resource zones and seasonal capacity.
FERC approved MISO’s more stringent capacity withholding rule while also allowing the RTO to remove demand response from market monitoring.
Market participants remain skeptical of a MISO plan to integrate external resource zones into its annual capacity auction.
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