Key takeaways from the report include the following:
- MISO nodal prices are highly variable, with MISO’s nodal prices varying by $47/MWh in 2023. By far the biggest price deviations are seen in the North, where renewables generation and a sparser grid can produce strong and localized congestion.
- Nodal prices in MISO are also relatively persistent: 90% of nodes below the 10th percentile in 2019 remained below the 25th percentile in 2023.
- The implementation of Tranche 1 alleviates congestion and reduces wind curtailment significantly across North regions. However, increased flow caused by Tranche 1 may lead to additional congestion requiring further investment for remediation.
If you have any questions or would like to learn more about our MISO coverage, please contact JT Wood.
