MISO Market Subcommittee (MSC)
MISO said stakeholders have convinced it to design an off switch on its proposed $10,000/MWh value of lost load to use during extended load-shedding events.
MISO’s Market Subcommittee will assist MISO in drafting tariff requirements to discourage market participants from committing fraud in MISO’s demand response market.
Five years after it introduced rules to curb generators’ uninstructed deviations from dispatch instructions, MISO said such departures are worse than ever and it likely needs to strengthen rules and software.
MISO says its extensive analysis shows its current $3,500/MWh value of lost load should be raised to $10,000/MWh.
MISO’s Market Subcommittee likely will discuss either a multiday gas purchase requirement or a multiday gas unit commitment process for use during extreme cold.
MISO said it will file by the end of the month to scrap a clunky and all-but-abandoned generator offer style from its tariff.
MISO dodged the need for emergency procedures during a mid-January cold blast that brought consecutive days of subzero temperatures to the Midwest.
MISO plans to handle four of the five recommendations from the Independent Market Monitor’s State of the Market report, putting on hold a recommendation regarding transmission planning.
MISO’s Independent Market Monitor suggests demand response offer floors and attestations of expected levels of energy consumption in the wake of a steel mill’s gaming of the demand response market.
In keeping with its winter estimates from previous years, MISO said it could run into trouble in January should it experience high load or high outages.
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