Value Proposition
The Value Proposition is a study demonstrating MISO’s major benefits as an RTO provider for the heartland region. MISO participants see $700 million to $900 million in annual benefits due to improvements in reliability, efficiency and development:
- Reliability – MISO monitors the state of the grid every 30 seconds. This allows the organization to detect potential issues and identify effective responses within minutes. Its reliability function also maintains seamless management between neighboring ISO and RTO providers and ensures that all government regulations are met.
- Efficiency – MISO maximizes the efficient use of the transmission system and energy under fluctuating power demands. The Security Constrained Economic Dispatch software matches energy needs with resources in terms of capability and price.
- Development – Regional planning efforts have resulted in almost $ 2.2 billion in new infrastructure and improvements to the transmission system, with another $ 6.9 billion recommended for construction, within MISO’s footprint. The development of the transmission system supports the reliable operation of the interconnected grid and maintains a competitive energy market.
Read more about this topic: Midwest Independent Transmission System Operator
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