Planning Resource Auction (PRA)
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 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’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 and IPPs asked FERC to dismiss a complaint by transmission customers seeking to overturn the results of the 2016/17 capacity auction.
MISO officials said last week they are still finalizing their forward auction proposal for competitive areas, but the changes won’t be significant and won’t affect a late fall FERC filing.
At last week's MISO Resource Adequacy Committee meeting, the RTO said that they're reviewing the transfer limit between their South and North regions.
MISO has decided to stick with its original forward design in its capacity auction overhaul, rejecting the IMM’s prompt auction proposal.
MISO and its IMM reached a compromise on a capacity auction design, but the RTO is also keeping its original proposal on the table.
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