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July 05, 2022

MISO: New Outage Rules Boosted Mich. Capacity Prices

Jun 14, 2020
Amanda Durish Cook
Capacity Market / MISO Resource Adequacy Subcommittee (RASC) / Generation
MISO confirmed last week that a new rule prohibiting resources on extended outages from offering capacity contributed to the historic spike in Lower Michigan prices in April’s Planning Resource Auction (PRA). Zone 7 cleared at the cost of new entry (CONE) price of $257.53/MW-day for the 2020/21 planning year that...

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