MISO Energy Market — 2025 Annual Review

Operational Uptime | Economic Curtailment | Grid Reliability | DA & RT Pricing
Full Year 2025
Operational Uptime
96.3%
Annual Availability
8,432
Online Hours
328
Econ. Curtailment Hrs
8,760
Total Hours / Year
Economic Curtailment by Month (hours) — Voluntary Load Reduction to Achieve Strike Price
Jan
25
Feb
48
Mar
0
Apr
2
May
14
Jun
58
Jul
19
Aug
8
Sep
57
Oct
42
Nov
30
Dec
25
BAAL Performance
3.0 / 3.0
Excellent — every month in 2025
Tie Line Errors
0.00
Zero events — all 12 months
CPS1 Performance
121–142%
Target: 100% — exceeded every month
Grid Availability
>99.9%
Zero sustained outages (BAAL 3.0)
$39.03
Avg DA LMP
$37.73
Avg RT LMP
MISO System-Wide LMP ($/MWh)
Month Day-Ahead Real-Time
January$44.60$41.80
February$43.20$41.39
March$34.68$33.83
April$33.15$33.15
May$35.59$36.18
June$39.73$42.47
July$47.59$46.79
August$36.13$33.58
September$40.85$36.55
October$34.77$32.07
November$36.63$34.92
December$41.40$40.01
2025 Average$39.03$37.73
Economic curtailment = voluntary load reduction to achieve target strike price. Grid reliability metrics sourced from MISO CROW Outage Scheduler & NERC standards.
DA & RT LMP: p. 7  •  BAAL & Tie Line: p. 50  •  CPS1: p. 51  •  Grid Availability from BAAL 3.0: p. 50  •  Curtailment hours: internal ops data