In the MISO region, customer-facing utilities are responsible for making sure they can meet customer needs. We support this responsibility by providing secure and reliable ways for utilities to buy or sell capacity.
In support of our goal to ensure resource adequacy, we aim to maintain confidence in the attainability of resource adequacy at all times. We provide optimal markets and enough transparency to build confidence in our resouce adequacy assesssments.
This voluntary annual capacity auction provides a way for Market Participants to meet resource adequacy requirements. The location-specific approach of the PRA encourages resources to take part in the zones where they provide the most benefit.