CARMEL, Ind. — Today, the Midcontinent Independent System Operator (MISO) published the “Electrification Insights” report focused on increasing electrification and its possible implications for MISO and its stakeholders. This study explores the growth and effects that varying levels of electrification, applied across multiple aspects of the economy, may have on the MISO system over the coming decades.
“Electrification could have profound impacts on how we prepare for a potential shift in electricity usage across the MISO region and the entire country” said MISO’s Executive Vice President – Market & Grid Strategy Richard Doying. “The four focus areas of the MISO region’s ‘Reliability Imperative’ – markets, transmission planning, operations and systems – will all be directly impacted by electrification.”
Key findings of the report include:
MISO will host an Electrification Studies Workshop on May 5, 2021 to discuss the report in detail. The electrification report and MISO’s overall ‘Response to the Reliability Imperative’ are both available on the MISO website.
Midcontinent Independent System Operator (MISO) is an independent, not-for-profit organization that delivers safe, cost-effective electric power across 15 U.S. states and the Canadian province of Manitoba. MISO is committed to reliable, nondiscriminatory operation of the bulk power transmission system and collaborating with all stakeholders to create cost-effective and innovative solutions for our changing industry. MISO operates one of the world’s largest energy markets with nearly $22 billion in annual gross market energy transactions.