Planning Resource Auction (PRA)
MISO executives said they continue to seek ways to improve the RTO’s response to an increasing number of emergency events.
MISO proposed to change the deadlines and deliverability requirements for next year’s Planning Resource Auction as it released more data from this year.
MISO’s 7th annual capacity auction cleared at $2.99/MW-day in all but 1 zone, a significant decline compared with last year’s nearly uniform $10 price.
In an assessment of this year’s load forecast, MISO told load-serving entities they could do more to support their individual forecasts with documentation.
MISO revived the idea of implementing a seasonal capacity auction as part of its multipronged resource availability and need initiative, but promised to gather more data before defining long-term solutions.
Stakeholders are urging MISO to slow downits disjointed resource availability and need effort until it can measure the effects of 3 related FERC filings.
MISO’s recent resource adequacy filings with FERC will affect the timeline of an otherwise unremarkable capacity auction in terms of load forecasts.
MISO posted draft 2019/20 Planning Resource Auction data that are virtually unchanged from last year’s early predictions.
MISO officials say they will follow through on most recommendations in its Independent Market Monitor’s 2017 State of the Market report.
MISO’s IMM urged the RTO to require that planning resources have firm transmission to ensure they can deliver their full installed capacity.
Want more? Advanced Search