Midwest monitor asks FERC to drop MISO hurdle rate
Houston, 4 February (Argus) — The independent market monitor for the Midcontinent Independent System Operator (MISO) called on federal regulators to reconsider actions taken over the past year to deal with MISO’s use of the Southwest Power Pool (SPP) transmission system.
Potomac Economics, the MISO market monitor, joined a chorus of comments saying the Federal Energy Regulatory Commission (FERC) erred in December when it ordered MISO to recalculate a temporary surcharge called the “hurdle rate” to address constraints on power flows between MISO’s midwest territory and its Gulf coast region.