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Capacity prices jump across MISO's central and northern regions, driven by supply shortfall
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Capacity prices in the Midcontinent Independent System Operator's just-held annual Planning Resource Auction jumped to $236.66/MW-day from $5/MW-day a year ago across the grid operator's central and northern regions, driven by an uptick in projected electricity use and a dip in power supply.
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The auction results indicate an increased chance MISO may have to order temporary blackouts if there are times when power demand outstrips supply, Zak Joundi, MISO executive director, said Friday during a conference call with stakeholders.
Capacity prices jump across MISO's central and northern regions, driven by supply shortfall
MISO’s market monitor calls for market reforms to prevent power plants from retiring when they are still needed.
Source: www.utilitydive.com
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