MISO will likely fall back on its existing capacity auction design next year after its competitive retail solution failed to win FERC approval.

FERC rejected the proposed MISO three-year forward capacity auction in its retail-choice areas. It's back to the drawing board for the RTO and stakeholders.

MISO is poised to implement a laundry list of changes intended to improve its capacity auction, some of which should take effect in time for the 2017/18 Planning Resource Auction.

FERC said that MISO can use the PJM technology-specific reference levels for market mitigation in its 2017/18 capacity auction.

The MISO Board of Directors Markets Committee discussed the status of the RTO's forward capacity auction and queue reform proposals.

FERC dismissed a complaint seeking to overturn the results of MISO’s 2016/17 Planning Resource Auction but ordered the RTO to answer questions.

MISO has come up with two possible responses to its IMM’s suggestion to apply its physical withholding threshold to affiliated participants collectively.

MISO will continue its current treatment of sub-regional transfer limits in the Planning Resource Auction, both in the initial limit and transmission reservations.

MISO said it generally agrees with the recommendations its Independent Marker Monitor, but won’t implement a few and wants additional analysis on others.

MISO announced on Friday it had changed 4 elements of its proposed forward capacity auction, prompting renewed calls to delay filing at FERC.