Planning Resource Auction (PRA)
At last week's MISO Resource Adequacy Committee meeting, the RTO said that they're reviewing the transfer limit between their South and North regions.
MISO has decided to stick with its original forward design in its capacity auction overhaul, rejecting the IMM’s prompt auction proposal.
MISO and its IMM reached a compromise on a capacity auction design, but the RTO is also keeping its original proposal on the table.
The MISO Independent Market Monitor, David Patton, added eight new recommendations in his 2015 State of the Market Report.
MISO will not yield on a planned July filing for capacity auction design changes, while a filing to add seasonal and locational constructs will be delayed.
MISO is considering changes to its proposed forward capacity auction for Zone 4 in the face of opposition from its Market Monitor.
MISO is considering changes to its proposed forward capacity auction for Zone 4 in the face of opposition from its Market Monitor.
Dynegy said it will idle as much as 30% of the capacity in Illinois because their units can’t recover their costs from the MISO energy and capacity markets.
The annual MISO capacity auction again produced disparate, roller coaster results, with prices in 3 zones quintupling versus last year and Zone 4 dropping.
Deregulated markets in MISO would get a three-year forward capacity auction beginning in 2018, under a proposal unveiled by the RTO.
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