Planning Resource Auction (PRA)
Stakeholders voted overwhelmingly to end debate about whether costs for MISO’s transmission use settlement with SPP should be allocated by capacity benefit.
All 135 GW worth of capacity procured across 10 local resource zones in the MISO fifth annual Planning Resource Auction cleared at $1.50/MW-day.
MISO is considering prohibiting resources on extended outages from participating in capacity auctions or other changes to capture the risk of such outages.
With a nod from FERC, MISO will apply a more stringent physical withholding rule and remove demand response and energy efficiency from market monitoring in next month’s capacity auction.
Load forecast data for the MISO 2017/18 PRA shows that all local resource zones have enough capacity to meet their clearing requirements.
Consultants on either side of MISO’s rejected capacity auction redesign faced off in a debate at the Gulf Coast Power Association's conference.
MISO has taken another shot at explaining how behind-the-meter generation (BTM generators) will function in its markets.
MISO’s South-to-Midwest transfer limit for the 2017/18 Planning Resource Auction (PRA) will be 1,500 MW, an increase of more than 600 MW.
MISO will likely fall back on its existing capacity auction design next year after its competitive retail solution failed to win FERC approval.
FERC rejected the proposed MISO three-year forward capacity auction in its retail-choice areas. It's back to the drawing board for the RTO and stakeholders.
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