resource availability and need (RAN)
Stakeholders appear torn over whether MISO should develop reliability guidelines that could establish uniform resource adequacy criteria.
MISO said it continues to weigh changes to its markets and resource adequacy construct as part of its multiyear resource availability and need project.
Stakeholders are divided on whether MISO has conducted enough analysis to justify adopting seasonal capacity auctions and loss-of-load expectation studies.
MISO is looking into a forward market mechanism and improvements to its scarcity and emergency pricing under its resource availability and need project.
MISO officials said they agree with almost all the recommendations outlined by the Independent Market Monitor in this year’s State of the Market report.
MISO is proposing fixes to its LOLE study and capacity accreditation while it tries to determine if it should implement a seasonal capacity construct.
The MISO footprint didn’t come close to its forecasted summertime peak, but ways to improve resource adequacy were on the minds of those at Board Week.
MISO will suspend updates on its resource availability and need project through November to allow time for analysis that may drive future draft rules.
MISO now cautiously estimates that the benefits of a seasonal capacity auction would outweigh potential drawbacks.
FERC granted MISO permission to implement the remaining two proposals in its three-part short-term resource availability and need project.
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