ERCOT’s Market Monitor released its annual State of the Market report for 2020, finding that the wholesale market performed competitively in 2020.

MISO hopes to have a more nuanced pricing plan before the next hurricane contorts transmission towers.

MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.

After Hurricane Laura’s landfall, MISO is questioning whether its value-of-lost load should be used to price energy during extraordinary weather events.

In 2020 MISO managed remotely, redefining reliability standards, reorganizing its capacity market and launching a long-term transmission planning effort.

Fall in MISO was a study in record wind production, but it came with a price, as it produced more than half of the quarter’s real-time congestion.

MISO said it will file with FERC updates to its emergency pricing design, hoping to spur more action from suppliers when conditions get risky.

A briefing by MISO staff on the record uplift in the RTO’s energy market caused by Hurricane Laura left stakeholders with more questions than answers.

MISO expects adequate resources for the fall, though planned generator outages are expected to be higher this year.

Hurricane Laura’s lashing of south Louisiana and southeast Texas led MISO to implement last-resort rolling power outages.