The Federal Energy Regulatory Commission (FERC) met yesterday and reaffirmed their approval of MISO's transmission planning process, potentially sparking further litigation. In support of yesterday's actions, FERC issued this press release.
|MISO territory map|
That is particularly the case in states such as Michigan, where it is believed that the cost of the tariff would not fairly reflect the limited benefits Michigan would receive, given the state's unique geography. The gold-colored areas on the map above shows MISO's territory.
In a telephone interview Thursday, Transeth commented that the meeting offered little to improve the situation of Michigan, which he calls the "worst case scenario" among states. "The Commission's actions demonstrated that, regardless of the rhetoric, FERC intends to push a socialized approach in which rates are not commensurate, costs are not ‘just and reasonable,’ and authority is improperly delegated to a regional group with [differing] loyalties,” said Transeth.
An archived webcast of yesterday's meeting can be found here.