Planning Resource Auction (PRA)
Stakeholders appear divided over MISO’s proposal to use a downward sloping demand curve in its capacity auction, with criticisms mostly aimed at a provision to allow utilities to opt out of the auction for three years at a time.
MISO has calculated significant increases in its annual cost of new entry for use in its capacity auction in the 2024/25 planning year.
State regulators of MISO South are withholding support for MISO’s plan to implement a sloped demand curve in its capacity auctions based on a proposed option for states to shield themselves from the effects.
MISO is holding to its plan to enact a widescale marginal capacity accreditation while swapping risky hours for peak load to calculate its reserve margin requirements.
In the wake of MISO’s first seasonal capacity auction, members have asked the RTO to improve its generator outage rules, preliminary data sharing and the registry tool used to track capacity.
A comfortable result for MISO's 2023/24 auction does not guarantee sufficient capacity during the coming summer, executives said.
FERC on Tuesday accepted a MISO tariff filing, promising to annually update an unforced capacity-to-intermediate seasonal accredited capacity ratio.
MISO delivered an incomplete summer readiness report Thursday while stakeholders waited on seasonal capacity auction results.
The results of MISO’s inaugural seasonal capacity auctions, released late Wednesday, showed sufficient supply for the 2023/24 planning year.
FERC approved MISO’s reworked ratio for use in its capacity auction a day before MISO began accepting offers on the postponed auction.
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