FERC once again said it needs more information on clearing price caps before MISO can proceed with sloped demand curves in its capacity auctions.

MISO juggled several projects over 2023 designed to fend off imminent reliability problems and will keep up the multitasking in 2024.

FERC wants more description behind MISO’s plan to adopt sloped demand curves for its capacity auctions before it decides the matter.

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.

OMS took time to celebrate its 20-year anniversary at its annual meeting while exploring familiar themes of restructuring resource adequacy and barriers to large transmission buildout.

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 said that a sloped demand curve applied to its recent seasonal auction would have boosted summer clearing prices as much as sixfold.

MISO executives said the capacity market still needs fixing, warning that the surplus gained from last week’s auction is fleeting without long-term changes.

MISO players weighed the RTO’s recent moves to fortify resource adequacy, including seasonal capacity, accreditation approaches a downward-sloping demand curve.

The likelihood of a sloped demand curve in MISO’s capacity market earned seals of approval from panelists at GCPA’s 9th Annual MISO/SPP Regional Conference.