Independent Market Monitor (IMM)
A sitting state commissioner and two former regulators have asked MISO to publicly share any information it might gather on its Independent Market Monitor’s possible involvement in a five-state complaint against the RTO’s long-range transmission planning.
MISO’s maximum generation emergency event during a harsh winter featured under-forecast demand, issues with pricing software and day-ahead models so bogged down by complexity that they took longer to solve.
The MISO independent market monitor is just that — independent, writes Bill Malcolm. "He should not be shown the door but should be allowed to continue to do his job and also to talk to state regulators who seek his advice."
A new group formed to represent electric ratepayer interests has raised questions about interactions between MISO’s Independent Market Monitor and the state regulatory agencies seeking to overturn the RTO’s $22 billion long-range transmission portfolio through a FERC complaint.
FERC rejected a complaint from the PJM Independent Market Monitor asking it to determine the RTO holds the authority to deny transmission service for large loads that cannot be reliably served/
PJM and the Independent Market Monitor are drafting proposals to rework the RTO’s reserve market.
PJM, Voltus and the RTO’s Independent Market Monitor presented proposals to establish penalties for demand response and price-responsive demand resources that fail to perform during a pre-emergency load management event.
FERC approved revisions to PJM’s tariff to streamline the process for the owners of a deactivating resource to transfer its capacity interconnection rights to a new unit at the same point of interconnection.
MISO has trimmed its annual budget, now expecting to spend a little less than $431 million in 2026, down from nearly $450 million.
MISO and its Monitor tracked a rise in energy consumption in fall 2025 and reviewed some operational rough patches, while the RTO explained why its machine-learning risk predictor remains a work in progress.
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