MISO Market Subcommittee (MSC)
MISO plans to have a market participation model for energy storage resources in place by 2021, having filed a request for delay of FERC’s deadline.
MISO will prototype its proposed short-term reserve product to demonstrate cost and benefits to its members.
MISO foresees a “modest probability” it will declare a systemwide maximum generation event this spring.
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 managed its eighth maximum generation event in six years last month despite the difficulty of pulling together the forecast leading up to the episode.
With spring season approaching, MISO is encouraging stakeholders to offer ideas to address the growing divide between resource availability and need.
MISO’s ongoing market system replacement will focus on moving the platform to the cloud and creating a single means of submitting modeling data.
MISO is considering how to respond to transmission owners’ adoption of dynamic line ratings, acknowledging changes would be necessary with widespread use.
MISO officials say they will follow through on most recommendations in its Independent Market Monitor’s 2017 State of the Market report.
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