MISO Market Subcommittee (MSC)
MISO offered its energy storage participation proposal for final stakeholder inspection while promising to introduce more new market rules in the future.
MISO said it might rely on a dormant analysis to create a pricing structure to compensate resources used to restore the system in a blackout.
MISO plans to hold a final Order 841 workshop on Oct. 10 to complete its collection of stakeholder opinions on its energy storage participation model.
MISO has sufficient resources available to cope with warm conditions this fall, although there is a risk it may be forced to order emergency procedures.
The MISO market was competitive in 2017, but the RTO should do more to address increasing congestion and low capacity prices, Monitor David Patton said.
MISO’s Market Subcommittee will re-examine whether it should compensate resources for energy delivered during a system restoration event.
MISO outlined the range of stakeholder feedback it has received since revealing its straw proposal for energy storage resources in June.
MISO will not implement improved combined cycle modeling until it has a new market platform in place.
MISO’s Steering Committee submitted eight new possible market improvement ideas to the Market Subcommittee for stakeholder discussion.
Stakeholders said they foresee MISO making multiple changes to its markets to accommodate energy storage in response to FERC Order 841.
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