MISO Market Subcommittee (MSC)
MISO said its markets will need renovation as it braces for systems rife with renewables and extreme weather uncertainty.
MISO stakeholders were shocked to learn that the RTO needs another few years to allow energy storage to participate in its markets.
MISO reiterated the extraordinary nature of mid-February’s winter storm, promising more data later this month and resource adequacy solutions by year-end.
MISO said it is seeking ways to help slow-starting units make more informed decisions but won’t plunge into developing a financially binding forward market.
MISO said it will file with FERC updates to its emergency pricing design, hoping to spur more action from suppliers when conditions get risky.
MISO postponed its attempt to develop modeling software that can accommodate different combinations of combined cycle units.
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 expects adequate resources for the fall, though planned generator outages are expected to be higher this year.
MISO is once again evaluating the effectiveness of the rules behind its scarcity pricing just three years after shelving a similar effort.
The MISO stakeholder community appears to support the RTO’s plan to extend the current arrangement on Midwest and South transmission flows.
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