Planning Resource Auction (PRA)
The MISO IMM gave board members an explanation of the most pressing of the nine new recommendations contained in this year’s State of the Market report.
MISO has introduced a three-step checklist that owners of BTM generation can use to prove deliverability for the Planning Resource Auction.
MISO presented stakeholders with a proposal to tighten rules on capacity imports amid uncertainty over a recent appellate court ruling.
MISO has adopted the Independent Market Monitor’s recommendation to base pricing of external capacity resources on bordering balancing authorities.
Stakeholders voted overwhelmingly to end debate about whether costs for MISO’s transmission use settlement with SPP should be allocated by capacity benefit.
All 135 GW worth of capacity procured across 10 local resource zones in the MISO fifth annual Planning Resource Auction cleared at $1.50/MW-day.
MISO is considering prohibiting resources on extended outages from participating in capacity auctions or other changes to capture the risk of such outages.
With a nod from FERC, MISO will apply a more stringent physical withholding rule and remove demand response and energy efficiency from market monitoring in next month’s capacity auction.
Load forecast data for the MISO 2017/18 PRA shows that all local resource zones have enough capacity to meet their clearing requirements.
Consultants on either side of MISO’s rejected capacity auction redesign faced off in a debate at the Gulf Coast Power Association's conference.
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