Per the MISO Energy and Operating Reserve Markets Tariff (EORMT) (Schedule 28), MISO is required to inform its Market Participants of the Regulating Reserve Demand Curve and Operating Reserve Demand Curve prices for the upcoming month.
The Regulating Reserve Demand Curve price will be $ 364.33/MW for February 2025. The maximum Operating Reserve Demand Curve price will be $ 3135.67/MW for February 2025.
The monthly Regulation and Operating Reserve Curve posting will no longer include the Short Term Reserve (STR) Demand Curve. Please refer to Schedule 28 of the tariff for STR Demand Curve details.
MISO uses Platts Day Ahead Index natural gas prices at the Chicago Citygates when calculating these Demand Curve prices. For more information on the determination of the Operating Reserve demand curve, please refer to the MISO Energy and Operating Reserve Market Business Practices Manual 002 Section 5.2.1.