Planning Resource Auction (PRA)
The MISO Board of Directors Markets Committee discussed the status of the RTO's forward capacity auction and queue reform proposals.
FERC dismissed a complaint seeking to overturn the results of MISO’s 2016/17 Planning Resource Auction but ordered the RTO to answer questions.
MISO has come up with two possible responses to its IMM’s suggestion to apply its physical withholding threshold to affiliated participants collectively.
MISO will continue its current treatment of sub-regional transfer limits in the Planning Resource Auction, both in the initial limit and transmission reservations.
MISO said it generally agrees with the recommendations its Independent Marker Monitor, but won’t implement a few and wants additional analysis on others.
MISO announced on Friday it had changed 4 elements of its proposed forward capacity auction, prompting renewed calls to delay filing at FERC.
MISO's forward capacity auction proposal was approved by the Board of Directors' Markets Committee, setting up a FERC filing expected in three weeks.
MISO’s forward capacity auction proposal for merchant supply is close to being filed with FERC, and the RTO is using the final weeks to make presentations to support its stance.
MISO defended its calculation of sub-regional transfer limits for the 2016/17 Planning Resource Auction to stakeholders last week, recommending that it continue to use the same numbers for future auctions.
MISO and IPPs asked FERC to dismiss a complaint by transmission customers seeking to overturn the results of the 2016/17 capacity auction.
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