FERC's Order Approving MISO Order 755 Compliance Filing

Posted: September 20, 2013 - 11:26 / FERC Order 755 / ESA Filings

On April 30, 2012, the Midwest Independent Transmission System Operator, Inc. (MISO) filed proposed revisions to its Open Access Transmission, Energy and Operating Reserve Markets Tariff (Tariff) to establish a revised compensation methodology for the provision of regulation service, in compliance with Order No. 755.1 MISO asserts that its proposal provides a comprehensive solution by addressing procurement and compensation of frequency regulation service in MISO’s day-ahead and real-time energy and operating reserve markets. Also on April 30, 2012, MISO filed a request for an extension of the October 27, 2012 implementation date to December 17, 2012. In this order, we find that MISO’s proposal is generally compliant with Order No. 755, and we conditionally accept it, subject to certain conditions outlined below, to become effective on December 17, 2012, as requested. We also require MISO to make an additional compliance filing within 30 days of the date of this order and an informational report within 14 months of the effective date of the proposed Tariff revisions, as discussed herein.

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