MISO will file with FERC in mid-August a proposal to create a short-term reserve product, staff told the Market Subcommittee.

Midcontinent Independent System Operator is working to create market rules for capacity reserves that can be supplied within 30 minutes.

MISO said it has concluded that a short-term capacity reserve product would be cost-effective and beneficial to reliability.

MISO’s market planners outlined a potential 30-minute reserve product to reduce uplift and multiday generator commitments to cut production costs.