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By Amanda Durish Cook FERC last week rejected MISO’s plan for ensuring it terminates reactive power payments when generating units are no longer capable of providing the service or are transferred out of a fleet. FERC said MISO’s proposed method wasn’t “timely” enough, ordering the RTO to make another compliance...
CARMEL, Ind. — MISO is canvassing feedback on two Independent Market Monitor recommendations that seek to improve the Planning Resource Auction. Manager of Resource Adequacy John Harmon said MISO agrees with the Monitor’s 2015 State of the Market recommendation to apply its 50-MW physical withholding threshold to affiliated market participants...
By Amanda Durish Cook CARMEL, Ind. — Facing a FERC complaint from transmission customers, MISO last week defended its calculation of sub-regional transfer limits for the 2016/17 Planning Resource Auction and recommended that it continue to use the same numbers for future auctions. The RTO made its recommendation based on stakeholder feedback it...
By Amanda Durish Cook CARMEL, Ind. — Reviving his criticism of MISO’s lenient thresholds for uninstructed deviations, the Independent Market Monitor last week presented new data showing the impact of the RTO’s rules. Market Monitor David Patton told the Oct. 4 Market Subcommittee meeting that slow-ramping units have too much...
By Amanda Durish Cook CARMEL, Ind. — MISO’s Market Roadmap projects have been rearranged following stakeholder complaints over the lack of transparency behind the RTO’s reasoning for how it ranked them. Stakeholders first raised their concerns over the rankings, and how MISO’s ordering was merged with stakeholders’ classification preferences, during...
By Amanda Durish Cook MISO and PJM have nearly completed their work on joint operating agreement and tariff language to create the new targeted market efficiency project (TMEP) type, and the RTOs have singled out seven congestion-relieving candidate projects. Four of the possible TMEPs are located at flowgates in Indiana,...
By Amanda Durish Cook MISO and independent power producers asked FERC on Wednesday to dismiss a complaint by transmission customers seeking to overturn the results of the RTO’s 2016/17 Planning Resource Auction (PRA). The Sept. 8 complaint by the Coalition of MISO Transmission Customers claims MISO misapplied its Tariff, causing the...
By Amanda Durish Cook MISO transmission owners will be taking a pay cut, as FERC ordered their 12.38% return on equity reduced by more than 2 percentage points. The Wednesday order (EL14-12-002) affirms an administrative law judge’s initial decision in December. The TOs will now receive a 10.32% ROE. With incentives,...