On March 4, MISO filed a request to extend the deadline to implement a market participation model for electric storage resources at FERC. This new request moves the implementation date from June 2022 to March 2025.
FERC should reject this request because the benefits of keeping wholesale rates just and reasonable with storage participation outweigh the costs of MISO parallel processing current and future market platforms. Electric storage can participate in the energy market and capacity market and provide ancillary services. That is the intent behind FERC Order 841, the notice for which was released in November 2016. Eight years is a long time to wait for any market participant.