Utility Dive•about 1 month ago
MISO capacity prices fall as new supply outpaces demand growth
Key Takeaway
Increased solar-driven supply in MISO's capacity market is leading to lower prices, signaling a more competitive environment for developers and potentially lower costs for large consumers.
AI Summary
- •MISO's summer auction saw a 3.4% increase in offered capacity, reaching 141 GW, primarily driven by new solar additions.
- •This surge in supply outpaced demand growth, leading to a fall in MISO capacity prices.
- •For developers, this indicates a more competitive capacity market in MISO, potentially impacting project revenue streams. For large loads and IPPs, it suggests a more robust supply picture and potentially lower capacity charges.
Topics
capacity-marketmisosolar