MISO said mid-February's widespread cold snap is yet another reason to install a four-season capacity market and an accreditation process built around availability.

MISO last week reiterated the extraordinary nature of mid-February’s winter storm, promising more data later this month and resource adequacy solutions by year-end. During a teleconference of the Market Subcommittee on Thursday, MISO Director of Operations Planning J.T. Smith thanked control room staff and members a month after extreme winter...

MISO said Wednesday it is close to completing a proposal to create a four-season capacity market after floating a rudimentary plan with stakeholders, who remain skeptical over stricter accreditations. While the RTO expects to file the plan with FERC by the end of the second quarter, seasonal auctions won’t become...