MISO transmission plan includes more than 350 projects totaling $2.4B
The ISO’s $2.4 billion transmission plan would be the third largest investment since 2003, though it’s still dwarfed by 2011’s $6.9 billion spend. The 352 projects are heavy on local needs and baseline reliability, and the total includes a market efficiency project MISO believes could be a first of its kind.
The plan includes the “first potential competitively bid Market Efficiency Project,” according to the Aug. 16 report to the ISO’s Board of Directors System Planning Committee. The grid operator is attempting to alleviate congestion in southern Indiana and is evaluating three proposals.
As RTO Insider points out, the largest project in the mix is also the most controversial — Entergy’s $187 million reliability project in Lake Charles, Louisiana. It triggered a review due to dissent over whether or not it is an out-of-cycle project.
