FERC affirmed its 2018 ruling approving MISO’s current resource adequacy construct, rejecting multiple rehearing requests from critics of the decision.

FERC both vacated and reinstated MISO’s entire resource adequacy construct, ultimately leaving the RTO’s current capacity auction format undisturbed.

The MISO Market Monitor is seeking to use the RTO’s recent refiling of its resource adequacy construct to force a FERC ruling on changing its capacity demand curve.