The Midcontinent Independent System Operator (ISO) board of directors has approved the MISO Transmission Expansion Plan 2015 (MTEP 2015), which represents $2.7bn in new wires investment across the region.
The MTEP15 portfolio consists of 345 projects that will ensure reliability and postion the region for future growth, MISO said in a Dec. 10 news release. MTEP is an 18-month planning process that involves meetings with ISO member companies, regulators and neighboring systems.
For the first time, the plan includes a competitive transmission project — the Duff-Coleman 345kV line in Southern Indiana.
Duff-Coleman is a $67m project that will be eligible for competitive bidding under rules set up by FERC order 1000.
MISO will begin the bidding process in January 2016.
Since 2003, $11bn of MTEP projects have been built across the MISO footprint. The MISO territory includes 15 states and the Canadian province of Manitoba.