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The Potential Rate Effects of Wind Energy and Transmission in the Midwest ISO Region

The Potential Rate Effects of Wind Energy and Transmission in the Midwest ISO Region

Full Title:  The Potential Rate Effects of Wind Energy and Transmission in the Midwest ISO Region
Author(s):  Bob Fagan, Max Chang, Patrick Knight, Melissa Schultz, Tyler Comings, Ezra Hausman, and Rachel Wilson
Publisher(s):  Synapse Energy Economics, Inc.
Publication Date: August 1, 2012
Full Text: Download Resource
Description (excerpt):

The MISO region recently developed a new type of transmission project, labeled Multi-Value Projects (MVPs), to address reliability, economic, and policy needs. Among other things, these projects address congestion on the transmission system, reliability constraints, and clean energy mandates. According to MISO, the 17 approved Multi-Value Projects (collectively, the MVP portfolio) will provide economic benefits exceeding their costs, and will enable the delivery of at least an additional 41 million megawatt-hours (MWh) of wind energy per year—enough to satisfy Renewable Portfolio Standard mandates in MISO states.

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