Midcontinent Independent System Operator (MISO)
MISO said its cost of doing business is set to escalate within the next four years, spawning bigger operating budgets and heftier member dues.
MISO’s system is at the mercy of faster interconnections of new resources and retirement delays, executives said in a quarterly address to the board and stakeholders.
MISO and its board are scrutinizing the steps they can take to preserve institutional knowledge on the board of directors as they confront half of board members reaching term limits this year and next.
After two requests for more information and nine months, FERC has greenlit MISO’s plan to exchange its current, vertical curve for sloped demand curves in its seasonal capacity auctions.
American Electric Power's Board of Directors selected industry insider Bill Fehrman as its president and CEO, effective Aug. 1.
Members of MISO’s Advisory Committee emphasized that all players in the footprint need to act swiftly to position themselves for “hyperscale” load growth and the EPA’s new carbon rule.
MISO reaffirmed its commitment to its second, $25 billion long-range transmission portfolio while stakeholders asked the RTO to be mindful of river crossings and whether it may reassign developers for the first LRTP portfolio’s projects in Iowa.
Between predicted summer heat, an active hurricane season and the seasonal capacity auction returning a shortfall in spring and autumn, MISO anticipates tense months ahead.
MISO’s second, mostly 765-kV long-range transmission plan could tip past $25 billion with the addition of more projects, stakeholders have learned.
A relatively low turnout of constructed capacity in recent years could deepen a potential 2.7-GW capacity deficit in summer 2025 to more than 14 GW by summer 2029, MISO and OMS revealed in a five-year projection.
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