MISO Zone 4
The D.C. Circuit Court of Appeals agreed with Public Citizen that FERC hasn't explained why it continues to uphold the expensive Southern Illinois capacity price produced in MISO’s 2015/16 capacity auction.
FERC capped a three-year-old investigation into MISO’s 2015/16 Planning Resource Auction by finding no market manipulation on Dynegy’s part.
MISO’s Zone 4 either has sufficient reserves or is in dire straits, depending on the viewpoint expressed at an Illinois Commerce Commission workshop.
Dynegy’s most recent bid to develop a specialized capacity market for downstate Illinois has failed to gain traction in the state’s legislature.
After criticizing Ameren Illinois for miscalculating its summer peak load forecast, Dynegy called on MISO to develop a new process for verifying forecasts.
The MISO forward capacity auction proposal and the broader issue of resource adequacy were the “hot topic” at last week’s Advisory Committee discussion.
Dynegy said it will idle as much as 30% of the capacity in Illinois because their units can’t recover their costs from the MISO energy and capacity markets.
MISO continues to move forward with modifications to its capacity market even as some stakeholders question the need for the proposed auction changes.
A MISO auction proposal to hold a separate forward capacity procurement auction for deregulated areas is meeting with skepticism from some RTO members.
Deregulated markets in MISO would get a three-year forward capacity auction beginning in 2018, under a proposal unveiled by the RTO.
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