The kids are back in school, the Olympics are over, MISO South has hit a summer peak of 32,038 MW on August 2. It’s hard to believe how quickly summer has flown by. Still, we have a lot to look forward to: 8 days till NFL kick-off, 116 shopping days till Christmas, and 99 days until the MTEP16 report goes before the MISO Board of Directors for approval.
Each year MISO develops the MISO Transmission Expansion Plan (MTEP). The MTEP is a comprehensive process that involves analyzing the myriad regulatory policy and reliability issues impacting our energy sector and developing a portfolio of transmission projects designed to maintain a reliable electric grid and deliver the lowest-cost energy to customers in the MISO region.
MTEP16, the 13th edition of this publication, is the culmination of more than 18 months of collaboration on a diverse geographic and regulatory landscape covering 900,000 square miles. The projects in MTEP16 support both reliability needs and congestion relief of the transmission system.
In the most recent version of MTEP16, MISO staff recommends $2.75 billion of new transmission expansion projects through 2024. Of particular note is the $1.4 billion in new project investment recommendations just within the 24 months since integration of MISO South members. $1 billion of this investment in MTEP16 represents 78 new projects. The preliminary report includes 101 projects totaling $763.8 million for the MISO South Region. The MISO Board of Directors will approve the transmission plan at its December 8, 2016 meeting in Carmel, Indiana.