load-modifying resource (LMR)
MISO expects to call on load-modifying resources this summer despite estimates it will have about 149 GW of projected capacity on hand.
MISO now cautiously estimates that the benefits of a seasonal capacity auction would outweigh potential drawbacks.
MISO’s most recent maximum generation emergency is yet another portent of its increasing need to rethink grid operations, execs told the Board of Directors.
In an assessment of this year’s load forecast, MISO told load-serving entities they could do more to support their individual forecasts with documentation.
In the wake of its Jan. grid emergency, MISO pledged to further study generation cutoffs in extreme temperatures and improvements to its load forecasting.
MISO CEO John Bear opened GCPA’s MISO South Regional Conference with the RTO’s strategic initiatives and the five “500-year” storms it has experienced.
FERC approved a MISO proposal requiring owners of load-modifying resources to provide clearly documented commitments regarding their availability before participating in the capacity market.
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’s recent resource adequacy filings with FERC will affect the timeline of an otherwise unremarkable capacity auction in terms of load forecasts.
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.
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