On April 30, the Midcontinent Independent System Operator’s (“MISO”) filed proposed revisions to its tariff in an effort to substantially expand the number of Market Efficiency Projects (“MEP”) that would be available for competitive bidding. These revisions were the result of more than four years of stakeholder discussions between MISO and a group of participating MISO Transmission Owners (“TOs”). The compromise reached by this group focused on broadening the benefits included in the economic evaluation of MEPs, lowering the MEP project voltage threshold, and more precisely assigning the costs of MEPs. But despite this lengthy, well intentioned effort, these changes are unlikely to bring the desired, dramatic change envisioned for the transmission market.
Download MISO’s New Criteria for Market Efficiency Projects white paper