Midwest ISO Board Approves MTEP10 Endorsing 231 New Projects

The Midwest Independent Transmission System Operator's (Midwest ISO) board of directors have approved the 2010 Midwest ISO Transmission Expansion Plan (MTEP10), which recommends the addition of 231 new projects over the next decade to further increase regional reliability, grid efficiency and enable public policy fulfillment.

MTEP10 represents a total new investment of more than $1.2 billion in transmission infrastructure within the Midwest ISO footprint through 2020. In addition to benefits realized from increased system reliability, a $4 billion subset of projects targeted at reliability and similar needs is projected to provide a potential annual benefit of $825 million from market efficiencies beginning in 2015.

The MTEP 10 planning cycle also includes the Michigan Thumb Loop project approved earlier in the year, a $510 million project intended to address integration of renewable energy for the region and the first regional project expected to fall within Midwest ISO's multi-value project cost methodology currently pending before the Federal Energy Regulatory Commission.

SOURCE: Midwest Independent Transmission System Operator

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