Planning Resource Auction (PRA)
In his annual State of the Market report, MISO’s Monitor said transmission congestion and heightened ramping needs continue to dog the RTO.
MISO said it will attempt at a long-term resource forecast, taking into account members' evolving resource mix over a 20-year timeframe.
MISO’s ninth annual capacity auction cleared MISO South zones — two months removed from emergency load shed orders — at just a penny/MW-day.
While it warns of more system risk in the coming years, MISO is preparing for an unremarkable spring and a routine capacity auction.
MISO said it is close to completing a proposal to create a four-season capacity market after floating a rudimentary plan with skeptical stakeholders.
MISO plans to subdivide its annual capacity auction by seasons to better manage reliability risks caused by renewables’ growing share of the resource mix.
MISO's resource adequacy staff is considering multiple options to implement a sub-annual capacity mechanism.
Vistra said MISO’s “irreparably dysfunctional” capacity auction design deserves blame for its decision to shutter the last of its Midwest coal plants.
MISO and its Independent Market Monitor are at odds over how and how quickly the RTO should address its resource adequacy, board members heard Tuesday.
MISO said a new rule prohibiting resources on extended outages from offering capacity contributed to the historic spike in Zone 7 prices in April’s PRA.
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