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14 Oct 2021 | 17:18 UTC
S&P Global Platts will start using actual solar data for the calculation of its Renewable Penetration Index for the US Midcontinent Independent System Operator (MISO). The change will be implemented starting Nov. 15, 2021.
Platts first proposed this change in a subscriber note published Sept. 30 here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/093021-platts-proposes-to-use-reported-us-miso-solar-power-rpi-data.
The change follows MISO's recent decision to start reporting the solar data separately from its non-wind renewable fuel sources.
The change will allow Platts to publish more accurate solar RPI calculations for peak and off-peak, as well as more representative data as reported by the ISO for hours 1-24.
It will affect the daily calculations published in Megawatt Daily, Energy Trader, on Platts real-time fixed pages PEA 904, and AGP 2904, and in the Platts price database under the following codes:
Solar % - Peak
RPMSP00
Solar % - Off-peak
RPMSO00
MISO RPI Solar Hour 1
RPMSC01
MISO RPI Solar Hour 2
RPMSC02
MISO RPI Solar Hour 3
RPMSC03
MISO RPI Solar Hour 4
RPMSC04
MISO RPI Solar Hour 5
RPMSC05
MISO RPI Solar Hour 6
RPMSC06
MISO RPI Solar Hour 7
RPMSC07
MISO RPI Solar Hour 8
RPMSC08
MISO RPI Solar Hour 9
RPMSC09
MISO RPI Solar Hour 10
RPMSC10
MISO RPI Solar Hour 11
RPMSC11
MISO RPI Solar Hour 12
RPMSC12
MISO RPI Solar Hour 13
RPMSC13
MISO RPI Solar Hour 14
RPMSC14
MISO RPI Solar Hour 15
RPMSC15
MISO RPI Solar Hour 16
RPMSC16
MISO RPI Solar Hour 17
RPMSC17
MISO RPI Solar Hour 18
RPMSC18
MISO RPI Solar Hour 19
RPMSC19
MISO RPI Solar Hour 20
RPMSC20
MISO RPI Solar Hour 21
RPMSC21
MISO RPI Solar Hour 22
RPMSC22
MISO RPI Solar Hour 23
RPMSC23
MISO RPI Solar Hour 24
RPMSC24
Please send comments, questions, and other feedback to electricityprice@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.