November 24, 2024

value of lost load (VoLL)

Texas Admin Monitor
ERCOT Moves Quickly to Address Monitor’s Recommendations
ERCOT’s Market Monitor released its annual State of the Market report for 2020, finding that the wholesale market performed competitively in 2020.
MISO to Outline New Pricing Plan for Hurricanes
MISO hopes to have a more nuanced pricing plan before the next hurricane contorts transmission towers.
MISO Reevaluating Value of Loss Load as Monitor Pushes $10,000/MWh
MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.
MISO Questions VOLL Pricing During Abnormal Events
After Hurricane Laura’s landfall, MISO is questioning whether its value-of-lost load should be used to price energy during extraordinary weather events.
MISO Bends to Renewable Realities in ’20, ’21
In 2020 MISO managed remotely, redefining reliability standards, reorganizing its capacity market and launching a long-term transmission planning effort.
MISO Monitor Reviews Blustery Fall
Fall in MISO was a study in record wind production, but it came with a price, as it produced more than half of the quarter’s real-time congestion.
MISO to File Emergency Pricing Changes
MISO said it will file with FERC updates to its emergency pricing design, hoping to spur more action from suppliers when conditions get risky.
Laura Pricing Has MISO Stakeholders Scratching Heads
A briefing by MISO staff on the record uplift in the RTO’s energy market caused by Hurricane Laura left stakeholders with more questions than answers.
MISO Market Subcommittee Briefs: Sept. 10, 2020
MISO expects adequate resources for the fall, though planned generator outages are expected to be higher this year.
MISO Enacts Rolling Blackouts in Laura Aftermath
Hurricane Laura’s lashing of south Louisiana and southeast Texas led MISO to implement last-resort rolling power outages.

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