MISO said its nine-year effort to replace its market platform will exceed original budget contingencies and won’t be completed until 2028, three years later than previously predicted.

MISO’s ongoing market platform replacement project is focusing on a one-stop model manager, new energy management system and day-ahead market clearing engine.

The MISO Board of Directors bid farewell to outgoing director Baljit Dail and discussed the impacts of COVID-19 on 2020 and the upcoming year

MISO Board of Directors Chair Phyllis Currie reflected on the unprecedented circumstances that converted the RTO’s Board Week into a teleconference format.

MISO would only discuss GE’s performance in the Technology Committee’s closed session because the RTO is negotiating contracts with multiple vendors.

The MISO Board of Directors approved allocating $20.5 million for another year of the RTO’s ongoing effort to replace its market platform.

MISO’s replacement of its market platform is complete, with the RTO now settling at five-minute intervals.

MISO will roll out a new public website this winter and begin a $130 million project to replace its aging market platform.

MISO says it will provide a detailed decision on how it would rebuild its computer-based market platform in 2019.