Midwest Independent Transmission System Operator

Reconsidering Resource Adequacy, Part 1

Has the one-day-in-10-years criterion outlived its usefulness?

The one-day-in-10-years criterion might have lost its usefulness in today’s energy markets. The criterion is highly conservative when used in calculating reserve margins for reliability. Can the industry continue justifying the high cost of overbuilding?

'T' Party Revolt

Transmission expansion costs are spread unevenly, driving a wedge between utilities and regions.

Back in June, the Bismarck Tribune ran an interview with North Dakota Public Service Commissioner Tony Clark that showed just how difficult it is to build national consensus for renewable energy.

People (May 2009)

AGL Resources created a new office of technology and environmental sustainability, to be headed by Ira Pearl as v.p. Jay Sutton is promoted to v.p., engineering and supply chain services at AGL’s Florida City Gas and coastal Georgia subsidiaries. Melvin Williams is promoted to general manager, Florida City Gas and coastal Georgia. And others...

Federalizing the Grid

Renewable mandates will shift power to FERC but pose problems for RTOs.

A recent survey conducted by the U.S Office of Personnel Management and reported by the Washington Post on March 13 ranked the Federal Energy Regulatory Commission as eighth best of some 37 federal agencies in terms “talent,” and third in “leadership and knowledge.”

Wooing the Western Wind

How a move to bring power markets to the Great Plains has uncovered a crisis in grid planning.

They call the United States the “Saudi Arabia of Wind.” That’s due in large part to the huge potential of the Great Plains. But there’s a hole in the metaphor. Wind power development in some parts of the prairie is falling short of expectations.

Prime Time for Efficiency

New England shows the benefits of demand resources in forward capacity markets.

New England is leading the way toward a future that is both cleaner and provides greater electric reliability at reduced cost. New England Independent System Operator (ISO-NE) has created an innovative mechanism that addresses concerns about ensuring adequate energy capacity by allowing the cleanest and lowest-cost resources to be used to meet the nation’s power needs.

The Queue Quandary

Why developers today are often kept waiting to get projects ok’d to connect to the grid.

Late last year FERC learned that the Midwest regional grid likely would require at least 40 years — until 2050 — simply to clear its backlog of proposed gen projects awaiting a completed interconnection agreement to certify their compatibility with the interstate power grid. But grid engineers would meet that date only by shortening the process and studying multiple projects simultaneously in clusters. To apply the process literally, studying one project at a time, as envisioned by current rules, the Midwest reportedly would need 300-plus years to clear its project queue.

People

(February 2007) The Electric Power Research Institute appointed Bryan Hannegan vice president for environment research and development. PNGC Power named John Prescott senior vice president of power supply. Nora Mead Brownell joined the Comverge Inc. board of directors. The Midwest Independent Transmission System Operator Inc. announced the election of two new members to its board of directors: Michael J. Curran and Eugene W. Zeltmann. And others...

Return On Equity: Regulators Trust, but Verify

Some recent utility rate proceedings cast doubt on new ROE models and “risk adders.”

(November 2006) Our annual return on equity (ROE) survey broadly shows a continuing decline in the level of debate over issues specific to restructuring of the electric market. It also reveals a subtle shift back to investor requirements and overall business risks faced by regulated companies.

An Unacceptable Outcome

Mixed signals leave developers wary of building new infrastructure.

FERC Chairman Joseph Kelliher gives mixed signals that leave developers wary of committing to investments in new infrastructure, given his clear desire to affect positive change, while appearing to argue for policy decisions that are politically safe but arguably inconsistent.