MISO Board Week
MISO said its 2026 budget requires an increase of more than 11% over 2025’s.
MISO’s Advisory Committee will continue to be led by its vice chair through the end of 2025 after the departure of Sarah Freeman from Indiana’s regulatory agency.
MISO is poised to retain two of its term-limited board members in 2026 while adding an executive from a federal power marketing agency.
MISO’s Board of Directors has asked the RTO’s Independent Market Monitor to better explain its $10.6 million 2026 budget before it agrees to the amount.
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’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.
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.
MISO Monitor David Patton called NERC’s Long-Term Reliability Assessment inaccurate for labeling the RTO a high-risk area.
After a hiatus on gas-electric coordination discussions, MISO’s Advisory Committee touched on lingering frustrations in 2025 and potential solutions.
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