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November 7, 2024
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MISO Warming to Patton’s Sloped Demand Curve
MISO's Independent Market Monitor David Patton presented this graph as an example of how a sloped demand curve would look in the RTO's capacity auctions. The vertical "curve" represents the minimum resource requirement.
MISO's Independent Market Monitor David Patton presented this graph as an example of how a sloped demand curve would look in the RTO's capacity auctions. The vertical "curve" represents the minimum resource requirement. | Potomac Economics
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MISO's board may be coming around to the idea of using a sloped demand curve to price capacity as the RTO confronts the possibility of resource shortages.
Capacity MarketMISO Board of DirectorsResource Adequacy