David Patton
MISO officials asked FERC staff last week to trust in its stakeholder process and not force capacity market changes that could increase exports.
The MISO board’s Markets Committee met at Potomac Economics headquarters in Fairfax, Va., to review the Market Monitor’s quarterly metrics report and its monitoring procedures.
MISO has a pile of 22 active recommendations made over the years by its Independent Market Monitor, all in various stages of progress. Of 15 past recommendations through the 2013 State of the Market Report, MISO is working to implement six.
MISO Market Monitor David Patton called for tighter rules on wayward generators, more precise real-time pricing and a fix for Financial Transmission Rights funding shortfalls.
The MISO Market Monitor says transmission loading relief requests attributed to a TVA constraint are causing price volatility within the RTO.
FERC increased its pressure on PJM and MISO to resolve their longstanding boundary disputes, saying it was considering taking action “to improve the efficiency of operations” at the RTOs’ seam.
David Cruthirds brings this report from the Gulf Coast Power Association’s Feb. 5 special briefing: “Challenges & Changes in Energy on the Bayou.” Among the topics discussed were Entergy’s growth plans, Year 1 in MISO South and the RTO’s ongoing seams battles.
Market Monitor David Patton told the MISO Board of Directors’ Markets Committee that the RTO should see significant benefits from its market-to-market coordination with SPP.
MISO’s Market Monitor urged FERC last week to resolve a standoff between MISO and PJM over interface pricing that he said is costing consumers millions.
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