value of lost load (VoLL)
In 2020 MISO managed remotely, redefining reliability standards, reorganizing its capacity market and launching a long-term transmission planning effort.
Fall in MISO was a study in record wind production, but it came with a price, as it produced more than half of the quarter’s real-time congestion.
MISO said it will file with FERC updates to its emergency pricing design, hoping to spur more action from suppliers when conditions get risky.
A briefing by MISO staff on the record uplift in the RTO’s energy market caused by Hurricane Laura left stakeholders with more questions than answers.
MISO expects adequate resources for the fall, though planned generator outages are expected to be higher this year.
Hurricane Laura’s lashing of south Louisiana and southeast Texas led MISO to implement last-resort rolling power outages.
MISO is once again evaluating the effectiveness of the rules behind its scarcity pricing just three years after shelving a similar effort.
MISO is hoping to avoid the need for a 6th straight waiver of its $1,000/MWh offer cap this winter, filing a year ahead of a FERC deadline.
Steve Huntoon, our Counteflow columnist, looks back at 4 years of his "scribblings" to see what he got right, what he got wrong, and what’s happened since.
FERC found that MISO did not adequately comply with its directives in Order 831, which stipulated changes to the RTO's hard and soft offer cap processes.
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