CARMEL, Ind. — MISO delivered more than $5 billion in benefits in 2024 through its region-wide approach to grid reliability, market operations and regional transmission planning. Since the Value Proposition analysis began in 2007, cumulative benefits have surpassed $50 billion, reinforcing MISO’s role in delivering cost-effective solutions for an increasingly complex energy landscape.
“MISO’s continued collaboration with our members and stakeholders has been instrumental to maintaining reliability and adding value for the 45 million people who depend on us,” said MISO’s President and CEO John Bear. “For every dollar spent on MISO membership, participants realized $15 in benefits – a testament to the efficiencies gained through regional collaboration.”
MISO’s Value Proposition analysis identifies and quantifies several key value drivers that contribute to annual savings, including more efficient use of resources, improved reliability and compliance, and a reduced need for generation assets. In 2024, the primary sources of value are:
“MISO’s cost-effective solutions for managing a complex grid continue to create long-term value,” added Andre Porter, MISO’s senior vice president and Chief Strategy Officer. “The entire region benefits from our ability to implement our Reliability Imperative efforts, including market efficiencies, grid planning and operational enhancements across a large and diverse footprint.”
The full 2024 Value Proposition report, including calculations, assumptions, and supporting information, is available on MISO’s website. MISO’s Reliability Imperative efforts ensure the region remains reliable, secure and prepared for evolving challenges – including increasing electrification, changing resource dynamics and extreme weather. Continued investments in market enhancements, planning processes and operational coordination will sustain and grow the value MISO provides.
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MEDIA CONTACT:
Brandon D. Morris
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. 45 million people depend on MISO to generate and transmit the right amount of electricity every minute of every day. 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 more than $40 billion in annual gross market energy transactions.