July 13, 2024

value of lost load (VoLL)

© RTO Insider LLC
SPP’s REAL Team Moves Package of Policies
SPP’s resource adequacy stakeholder group has moved several policies that indicate the team’s work is “coming home” after months of presentations and discussions.
© RTO Insider LLC
MISO Wants $10K VOLL, a Nearly Threefold Increase
MISO says its extensive analysis shows its current $3,500/MWh value of lost load should be raised to $10,000/MWh.
Admin Monitor
Texas PUC Sends ESR Change back to ERCOT
Texas regulators have remanded back to ERCOT a controversial protocol change attempting to regulate energy storage resources, but not before stripping out language related to state of charge and enforcement processes.
Admin Monitor
Texas PUC OKs Smaller Budget, Admin Fee Increases for ERCOT
The Texas PUC rejected ERCOT’s proposed budget and administration fee increase, agreeing instead to more incremental growth in its revenues.
Missouri State Representative Jim Murphy
MISO Raises ORDC’s Lowest Level to $1,100/MWh
MISO will jettison the most inexpensive step of its operating reserve demand curve, explaining that $200/MWh pricing is too low during shortage conditions.
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MISO Market Subcommittee Briefs: Oct. 7, 2021
MISO's Oct. 7 Market Subcommittee covered FTR market concerns and a customer ask for better load forecasting data.
MISO Market Subcommittee Briefs: June 10, 2021
The MISO Market Subcommittee meeting ran the gamut of storage participation, discovery of a longstanding energy pricing error and FTR underfunding.
Texas Admin Monitor
ERCOT Moves Quickly to Address Monitor’s Recommendations
ERCOT’s Market Monitor released its annual State of the Market report for 2020, finding that the wholesale market performed competitively in 2020.
MISO to Outline New Pricing Plan for Hurricanes
MISO hopes to have a more nuanced pricing plan before the next hurricane contorts transmission towers.
MISO Reevaluating Value of Loss Load as Monitor Pushes $10,000/MWh
MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.

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