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Missouri PSC Approves Grain Belt Express HVDC Transmission Project

LCG, March 22, 2019--The Missouri Public Service Commission (PSC) approved a request filed by Grain Belt Express Clean Line LLC for a certificate of convenience and necessity (CCN) to construct, own, operate, control, manage and maintain a high-voltage, direct-current (HVDC) transmission line to move power east from wind farms in western Kansas to load centers in Missouri, Illinois and Indiana.

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FPL Targets 1,490 MW of Solar Capacity for New Community Solar Program

LCG, March 15, 2019--Florida Power & Light Company (FPL) Wednesday filed a proposal with the Florida Public Service Commission (PSC) for a new community solar program, FPL SolarTogether. Pending PSC approval, FPL plans to install 1,490-MW of capacity at 20 new solar power plants across FPL's service territory to meet anticipated customer enrollment in the program.

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Industry News

Midwest ISO Commences Commercial Operations of New, LMP-Based Market

LCG, April 4, 2005--The Midwest Independent Transmission System Operator (Midwest ISO) formally began commercial operations of its new, Day-Ahead and Real-Time electricity markets on April 1, 2005. Elements of the new market design include centralized, security-constrained unit commitment; security-constrained economic dispatch; locational marginal pricing (LMP); and a market for financial transmission rights (FTRs).

The Federal Energy Regulatory Commission (FERC) conditionally accepted the Midwest ISO's proposed Open Access Transmission and Energy Markets Tariff (TEMT) last August. The implementation of the new market design is another landmark following the FERC's release of Order 2000 in December 1999 and its subsequent efforts to create Regional Transmission Organizations (RTOs). The Midwest ISO's new market design is based upon the FERC's Standard Market Design (SMD) and is similar to the electricity markets of the northeast, i.e., PJM, the New York ISO and ISO New England.

The Midwest ISO service territory extends from eastern Montana through the upper Midwest - including Manitoba - and south to parts of Kentucky and Missouri. With the implementation of the TEMT, the FERC's SMD, with LMP-based pricing, will generally be in use throughout the northern half of the Eastern Interconnect.

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