in News Departments > New & Noteworthy
print the content item

The Midwest Independent Transmission System Operator (MISO), the organization that operates the bulk power grid in the Midwest, has completed its first voluntary annual capacity auction, which recently replaced MISO's monthly auction process.

A total of 97,206 MW of planning resources were cleared to meet the MISO-footprint resource adequacy requirements. This volume includes 90,711 MW of generation resources, 3,103 MW of demand response resources, and 3,393 MW of behind-the-meter generation resources.

The system wide clearing price for the 2013-2014 planning year was $1.05 per megawatt-day. The auction covers the annual commitment period from June 2013 to May 2014.

"The new annual capacity auction provides greater certainty and ensures sufficient resources will be available to meet peak demand, demonstrating how markets facilitate meeting the region's electricity needs reliably and cost-effectively," says Richard Doying, executive vice president of operations and corporate services.


Hybrid Energy Innovations 2015
Latest Top Stories

SPP Raises Concerns About EPA's Proposed Clean Power Plan

Stakeholders around the U.S. are mulling over the Environmental Protection Agency's blueprint to cut emissions from existing power plants. The Southwest Power Pool has released its assessment of the plan.


Comverge, Constellation To Merge Demand Response Businesses

The two companies have announced a deal to combine their DR operations serving commercial and industrial customers and establish a new, standalone entity.


Grid-Scale Energy Storage Continues Making Inroads

A new report from Navigant Research highlights the biggest markets and most popular technologies for grid-scale energy storage.


Demand Response And Renewables Help SDG&E Tackle Record-Breaking Heat Wave

San Diego Gas & Electric (SDG&E) recorded peak demand records last week and relied heavily on energy conservation, as well as imported wind and solar power, to keep the lights on.


Report: Utility-Scale Renewables Keep Getting Cheaper

A new study suggests the levelized costs of energy of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.

S&C Electric_id176
Hybrid Energy Innovations 2015
edf_id180