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Staff filed Capacity Demonstration Results Report For Planning Yr 2027/2028
From the report, Staff “projects that the Midcontinent Independent System Operator, Inc. (MISO) Local Resource Zone (LRZ) 7, which consists of Michigan’s lower peninsula excluding the southwest corner of the state located in Indiana Michigan Power (I&M)’s service territory, will have sufficient resources to meet its planning reserve margin requirements and local clearing requirements (LCR) in all four seasons for the compliance year (2027/28) based on the filed capacity demonstrations and information from MISO available at the time of this report.”
As background, MIPSC opened this docket for load-serving entities (including retail electric suppliers) to demonstrate to MIPSC that they have adequate capacity resources secured to meet their capacity obligations at MISO, PJM, or as set by the MIPSC, for the 2027-28 planning year, and thus to be able to reliably serve customers during the same period. Of note, in the order opening this docket, the MIPSC acknowledged that Staff has identified “the difficulty LSEs described in procuring capacity four years forward in a tightening capacity market and the reluctance from some entities to sell capacity because of the unknowns associated with MISO’s transition to a seasonal capacity construct.” For the capacity demonstration in this proceeding, LSEs (including retail electric suppliers) must provide capacity resource data for the prompt (2024/2025) and interim (2026/2027) years in addition to the compliance year 2027/2028 data.
Capacity Demonstration Results Report For Planning Year 2027/2028 (05/10/2024)
U-21393 (Opened 07/26/2023)
