How Transmission Planning & Cost Allocation Processes Are Inhibiting Wind & Solar Development in SPP, MISO, & PJM
Concentric Energy Advisors conducted candid interviews with twenty key market participants and stakeholders in SPP, MISO, and PJM electric markets on current transmission planning and cost allocation processes. The report outlines transmission planning processes in these three regions and presents insights from market participants based on their recent experiences. The key findings include: (1) centrally coordinated transmission planning is needed; (2) effective interregional planning requires aligned models and methodologies across regions; (3) future planning scenarios need to better reflect expected renewable energy demand and growth; (4) transmission benefit metrics should be standardized and expanded; (5) identifying the best resource zones would help optimize planning and benefit consumers; (6) planning models should better reflect the likely dispatch of generation; and (7) fair cost allocation for new transmission among beneficiaries requires greater scrutiny or wholesale reform.
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