MISO Board approves $2.6B transmission spending package

USA, Indiana: The Midcontinent Independent System Operator (MISO)’s Board of Directors has approved the Regional Transmission Organization (RTO)’s annual Transmission Expansion Plan (MTEP 17), valued at $2.6 billion.

The plan includes 353 new transmission projects, of which $1.4 billion worth of projects are driven by transmission owners’ local needs, including reliability, replacement of aging equipment and upgrades for environmental requirements, reports RTO Insider.

Almost $1 billion will be spent on baseline reliability projects, while nearly $240 million will go to generator interconnection projects.

The proposed projects have expected in-service dates through 2024.

Source: RTO Insider