David Patton
Independent Market Monitor David Patton asked MISO’s Board of Directors to suspend the RTO’s work on the proposed redesign of its capacity auction.
The MISO Market Subcommittee discussed Coordinated Transaction Scheduling with PJM and a potential 30-minute reserve product.
Dynegy and Exelon proposed that MISO Zone 4 procure capacity in three-year forward auctions separate from the rest of the RTO.
All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.
MISO officials discussed the effect of December's unusually mild temperatures on energy prices.
MISO stakeholders told the Illinois Commerce Commission (ICC) that the RTO needs to reform its markets to encourage generation development.
MISO officials asked FERC staff last week to trust in its stakeholder process and not force capacity market changes that could increase exports.
The MISO board’s Markets Committee met at Potomac Economics headquarters in Fairfax, Va., to review the Market Monitor’s quarterly metrics report and its monitoring procedures.
MISO has a pile of 22 active recommendations made over the years by its Independent Market Monitor, all in various stages of progress. Of 15 past recommendations through the 2013 State of the Market Report, MISO is working to implement six.
MISO Market Monitor David Patton called for tighter rules on wayward generators, more precise real-time pricing and a fix for Financial Transmission Rights funding shortfalls.
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