MISO has filed with FERC its proposal to implement a separate three-year forward capacity market for its retail-choice areas.

MISO announced on Friday it had changed 4 elements of its proposed forward capacity auction, prompting renewed calls to delay filing at FERC.

MISO’s forward capacity auction proposal for merchant supply is close to being filed with FERC, and the RTO is using the final weeks to make presentations to support its stance.

The Brattle Group endorsed the proposed MISO Competitive Retail Solution forward capacity auction, conditioned on its adoption of a wider demand curve.

The MISO forward capacity auction proposal and the broader issue of resource adequacy were the “hot topic” at last week’s Advisory Committee discussion.

MISO officials said last week they are still finalizing their forward auction proposal for competitive areas, but the changes won’t be significant and won’t affect a late fall FERC filing.

MISO released details of its forward auction proposal last week while also proposing the addition of six external resource zones.

MISO and its Independent Market Monitor have reconciled their differences and reached a compromise on the RTO's capacity market design.

MISO is unlikely to meet a deadline for filing its auction design with FERC, raising doubts that changes can be implemented for 2017/18.