Midwest ISO Posts Capacity Prices for Load Serving Entities Relying on New Auction

The Midwest ISO has posted results from the first capacity auction under its revised Module E resource adequacy construct.

The auction resulted in a system wide capacity clearing price for the 2013-2014 planning year of $1.05 per megawatt-day. No zones saw price separation.

The auction covers the annual commitment period from June 2013 to May 2014.

"This result is reflective of the region's ample supply of generation and demand response resources as well as the robust transmission system, which ensures reliable and efficient delivery of energy to load within the MISO region," MISO said.

Link to results