Parameters likely to affect MISO auction; volatility expected between zones: UBS

摘要

Changing auction parameters could push clearing prices in constrainedrnregions higher year over year while unconstrained regions could clearrnlower in Midcontinent Independent System Operator’s upcomingrnplanning resource auction for the 2017-18 planning year, according to arnUBS analysis.rnMISO implemented a revised tariff proposal last year for the 2016-17rnPRA that adjusted local clearing requirements for each zone downwardrndue to subtraction of non-pseudo-tied exports from the requirementrncalculation.