targeted market efficiency project (TMEP)
The current ERCOT market design “will support more than sufficient reserve margins,” according to a draft report the grid operator filed with the Texas PUC.
MISO and PJM have whittled 20 prospective targeted market efficiency projects (TMEPs) down to two.
FERC has allowed MISO and PJM to implement the first of a two-phase fix to remedy double-charging of congestion fees on pseudo-tied generation.
FERC approved part of PJM’s cost responsibility assignments for its updated RTEP, but rejected cost allocations for four cross-border projects.
MISO and PJM will pursue two separate interregional studies this year to identify potential joint transmission projects, the stakeholders learned during an IPSAC conference call.
FERC approved the MISO proposed cost recovery schedules for its new category of smaller interregional transmission projects with PJM.
FERC rejected state and local regulators’ rehearing request over MISO’s plan to include its South region in cost sharing for its TMEPs with PJM.
Texas Public Utility Commissioner Brandy Marquez on Thursday quietly resigned, effective April 2. The announcement followed the PUCT open meeting
MISO and SPP are ready to reform their interregional planning process to improve their shot at producing their first cross-border transmission project.
MISO’s Board of Directors unanimously approved MTEP 17, including 353 new transmission projects valued at $2.6 billion.
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