Utility Dive•about 1 month ago
MISO, SPP eye 500-kV cross-border projects to bolster reliability, save money
Key Takeaway
New 500-kV transmission projects between MISO and SPP will enhance grid reliability, potentially lower energy costs for large loads, and create new market access for developers across the two regions.
AI Summary
- •MISO and SPP are jointly pursuing new 500-kV cross-border transmission projects to increase transfer capacity across their southern seam.
- •These interregional projects are designed to bolster grid reliability and reduce costs, indicating potential for lower congestion and more stable energy prices for large consumers.
- •For developers, these projects open up new market opportunities by improving the ability to move power (e.g., renewable generation) between the MISO and SPP regions.
- •Large power consumers can expect enhanced grid reliability and potentially lower energy costs due to better resource optimization and reduced curtailment across the two RTOs.
Topics
interconnectmisopolicyspptransmission