Utility Dive•29 days ago
MISO regulators seek stakeholder review for DOE ‘emergency’ orders cost allocation
Key Takeaway
MISO regulators are challenging DOE's emergency orders to retain power plants, signaling potential shifts in cost allocation and market signals that could impact developers and large power consumers.
AI Summary
- •State utility regulators in the MISO region are challenging the U.S. Department of Energy's (DOE) emergency orders to retain power plants, asserting that the DOE has not proven reliability benefits.
- •The core of the dispute involves the cost allocation for these retained plants, with regulators urging FERC to review the financial burden, which could directly impact wholesale power costs for large industrial consumers and IPPs in MISO.
- •This regulatory pushback indicates increasing scrutiny on forced plant retention and its economic implications, potentially influencing market signals for new generation development and the retirement timelines of existing assets within the MISO market.
Topics
capacity-marketfercmisopolicy