Midcontinent Independent System Operator (MISO)
MISO said 2025 was the most demanding summer since 2012, though it steered the grid with only a single maximum generation event.
MISO’s generator interconnection queue has fallen to 215 GW as developers cut back on projects in response to the federal phaseout of renewable energy tax incentives, RTO leadership said.
MISO will start evaluating its South region for long-term transmission needs in 2026, beginning with Louisiana, the RTO announced before its Board of Directors.
MISO’s Independent Market Monitor said the recently uncovered, eight-year-old repeat error in the RTO’s capacity market that caused a $280 million impact in this year’s auction alone is unfortunate but insisted the resulting prices were efficient.
Texas regulators have approved Entergy Texas’ request to build two natural gas-powered units in MISO’s portion of the state, but they have limited the construction costs eligible for recovery to a combined $2.4 billion.
Ameren Illinois remains adamant that it should have exclusive access to construct nearly $2 billion of MISO regional transmission projects in the state without competition.
MISO and several stakeholders came to the defense of the RTO’s $21.8 billion, 24-project long-range transmission plan portfolio for the Midwest as five Republican states seek to repeal the projects’ approval.
MISO said a yearslong software error caused it to clear more capacity than intended in past capacity auctions and which has resulted in an approximate $280 million impact to market participants in this year’s auction.
An apparently routine rate incentive request from a MISO transmission developer who has yet to be assigned a project turned into a debate between FERC commissioners over capital structures in ratemaking.
After years of looking for a buyer, Consumers Energy announced it struck a $13 deal to sell its fleet of 13 hydroelectric dams in Michigan to a Bethesda, Md., private equity firm.
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