Planning Resource Auction (PRA)
FERC said it will take another look into whether Dynegy manipulated pricing in MISO’s 2015/16 capacity auction and violated federal laws.
MISO’s board of directors gathering covered concern over slipping capacity reserves as heat blistered the footprint and forced emergency preparations.
MISO and the Organization of MISO States’ 2022 resource adequacy survey again sounded the supply alarm rung from the 2022/23 capacity auction results.
MISO transmission customers argued to FERC that MISO should allow customers to decrement their load penalty-free to lessen the possibility of summer blackouts.
MISO’s capacity auction shortfall has nearly doubled its probability of load shedding in its Midwest region, prompting discussion of must-offer requirements.
A month after its capacity auction revealed a Midwestern supply scarcity, MISO’s Independent Market Monitor and a MISO vice president debated the path forward.
The Organization of MISO States is preparing a letter to MISO leadership to stress resource adequacy work following the last month’s capacity auction.
MISO officials answered questions about the capacity shortfalls and expensive prices in the 2022/23 auction while stakeholders asked for more supply data.
MISO’s 2022/23 capacity auction saw all its Midwest zones clearing at the nearly $240/MW-day cost of new entry, signaling a need for additional generation.
The OMS and the Independent Market Monitor resuscitated a longstanding debate over whether the RTO should adopt a sloped demand curve in its capacity auctions.
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