Mired In The MISO Market

Law360, New York (August 9, 2011, 1:27 PM EDT) -- In the electricity markets run by the Midwest Independent Transmission System Operator Inc. (“MISO”), revenue sufficiency guarantee (“RSG”) charges are collected from market participants to fully compensate generators that are committed by MISO to serve real-time energy demand when the revenues they receive from real-time and day-ahead energy sales are inadequate.

RSG charges are incurred, e.g., when demand in real-time comes in higher than what was prescheduled, and the MISO is required to dispatch generation to make up the difference or MISO makes changes to the...
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