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.

MISO members haven’t landed on easy answers in getting the approximately 54 GW of unfinished generation that has cleared the interconnection queue online sooner.

MISO confirmed it’s taking steps to get answers from FERC about the role the Independent Market Monitor should have — if any — in transmission planning.

FERC Commissioner Judy Chang delivered remarks on the importance of meeting ballooning load at MISO Board Week in New Orleans.