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FERC rejects MISO forward capacity auction proposal

Feb. 3, 2017 – Platts

The Midcontinent Independent System Operator cannot implement its proposed three-year-forward capacity auction for its competitive retail areas as a result of its rejection Thursday by the Federal Energy Regulatory Commission.

On November 1, MISO filed a 1,682-page tariff proposal (Docket No. ER17-284) that provides four “options to demonstrate resource adequacy,” according to a MISO fact sheet about what the organization calls its “Competitive Retail Solution” for areas that have competitive retail power markets, including Illinois and Michigan.

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