Tafel Power

Markets / MISO

MISO

An empty-looking queue over the market building the most new gas in America.

Midwest and Gulf South (15 states)Regulated, vertically integrated utilities

0.4GW

Deliverable gas

74GW

Existing gas

15.1GW

Planned gas

Deliverable = signed interconnection agreement, in service by 2028, merchant (reconciled from the ISO's own queue). Existing and planned from EIA-860M.


MISO's interconnection queue holds 66.5 GW of gas, but only about 0.4 GW is signed, near-term, and still to be built. By the merchant-queue test that works in ERCOT, MISO looks empty. That reading is misleading, because MISO is a regulated market of vertically integrated utilities. The gas is not in the merchant queue; it is in utility resource plans.

Follow what is actually being built and MISO leads every organized market: about 15 GW of planned gas, with Louisiana alone leading the entire country at roughly 6.8 GW, much of it Entergy capacity tied to serving new large-load and data-center demand. The empty queue and the nation-leading build are the same market seen two ways.

In MISO the firm-power counterparty is the regulated utility, and the timeline is a resource plan, not a queue slot. Louisiana and the Entergy South footprint is the live firm-gas market.


Other markets

The cross-ISO overview