MISO Market Subcommittee
MISO’s Independent Market Monitor has released four new market improvement recommendations concerning transmission congestion, the Midwest-South transmission link, market-to-market coordination and price settlements after grid devastation.
MISO expects to roll out a new flag system by June 2025 to give a stronger indication when generation owners are deviating from dispatch instructions.
MISO is poised to eliminate its emergency demand response participation option, framing it as a clunky and scarcely used source of emergency assistance.
MISO this year said it generally agrees with the six new market recommendations brought forward in its Independent Market Monitor’s annual State of the Market report and is actively working on one of them.
MISO maintains that a member request to create a multiday gas purchase requirement for use during extreme cold is unnecessary but offered financial assurances for resources whose commitments are canceled.
Clean Grid Alliance is asking MISO to incorporate rules for HVDC into MISO’s energy and ancillary services markets.
Demand response in MISO is poised to be subject to more rigorous standards as the Independent Market Monitor warns of more potential bad actors.
MISO is conducting a check-in with stakeholders to gauge whether its market design guiding principles are still valid in a changing industry.
MISO doesn’t believe autumn will prove much trouble for it to tackle, though it faces a capacity shortfall in Missouri.
MISO said stakeholders have convinced it to design an off switch on its proposed $10,000/MWh value of lost load to use during extended load-shedding events.
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