Planning Resource Auction (PRA)
MISO is contemplating creating a seasonal design for its resource adequacy construct to manage potential reliability risks outside of the summer months.
MISO’s capacity auction marked the RTO’s first clearing price set by its cost of new entry, as prices in the Lower Peninsula rocketed to almost $260/MW-day.
MISO is looking into a forward market mechanism and improvements to its scarcity and emergency pricing under its resource availability and need project.
MISO is preparing to make two resource adequacy filings with FERC aimed at making its capacity resources more readily available.
A report from MISO concludes stakeholders will need to quickly adjust the RTO’s capacity construct to accommodate a resource mix dominated by renewables.
MISO will seek FERC approval for a proposal to tighten LMR accreditation standards for capacity auctions as stakeholders complain the plan is restrictive.
MISO is wrapping up implementation of approved outage rules designed to dissuade capacity resources from taking long outages that could risk supply.
Early data for MISO’s spring capacity auction shows a 1-GW uptick in the capacity supply needs but essentially no change in year-over-year peak forecasts.
Regulators granted a request by staff and Texas Industrial Energy Consumers for a list of investors behind the $4.3 billion acquisition of El Paso Electric.
MISO is proposing fixes to its LOLE study and capacity accreditation while it tries to determine if it should implement a seasonal capacity construct.
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