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Billions in Benefits: A Path for Expanding Transmission Between MISO and PJM

Billions in Benefits: A Path for Expanding Transmission Between MISO and PJM

Full Title: Billions in Benefits: A Path for Expanding Transmission Between MISO and PJM
Author(s): Michael Goggin and Zach Zimmerman
Publisher(s): American Council on Renewable Energy and Grid Strategies LLC
Publication Date: June 13, 2024
Full Text: Download Resource
Description (excerpt):

America’s two largest Regional Transmission Organizations (RTOs), the Midcontinent Independent System Operator (MISO) and the PJM Interconnection (PJM), share a long and tangled border across Illinois, Indiana, Michigan, and Kentucky. Transmission constraints between MISO and PJM annually cost consumers in both regions billions of dollars, and those costs will only increase as decarbonization of electricity supply and electrification of electricity demand increase the value of moving power across regions. Because the regions’ combined footprint stretches from the Dakotas to the East Coast, expanded transmission ties between MISO and PJM offer considerable opportunity to balance the different timing of their peak needs, as well as access a diverse mix of low-cost renewable energy resources.

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