Four Ph.Ds. joined in a tag-team debate on the virtues of scarcity pricing versus capacity markets in a panel discussion cum economics seminar at the Energy Bar Association’s Annual Meeting.

Joe Bowring and David Patton often disagree, but they are 100% in agreement on the need for independence in market monitoring.

Independent Market Monitor David Patton asked MISO’s Board of Directors to suspend the RTO’s work on the proposed redesign of its capacity auction.

The MISO Market Subcommittee discussed Coordinated Transaction Scheduling with PJM and a potential 30-minute reserve product.

Dynegy and Exelon proposed that MISO Zone 4 procure capacity in three-year forward auctions separate from the rest of the RTO.

All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.

MISO officials discussed the effect of December's unusually mild temperatures on energy prices.

MISO stakeholders told the Illinois Commerce Commission (ICC) that the RTO needs to reform its markets to encourage generation development.

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.