Implementation of a value-based planning process creates a consolidated transmission plan that delivers regional value over the long term while meeting our near-term system needs.   Regional transmission solutions, or Multi-Value Projects (MVPs) meet one or more of three goals:

• Reliably and economically enable regional public policy needs
• Provide multiple types of regional economic value
• Provide a combination of regional reliability and economic value

MVP Portfolio and Study Results

Projects in MVP Portfolios consider reliability, economic and public policy drivers in the development of transmission solutions that provide benefits in excess of cost throughout the MISO footprint or subregions.

The 2011 MVP Portfolio represents more than eight years of planning efforts to find a cost-effective, regional transmission solution that meets local energy and reliability needs.

The 2022 MVP Portfolio, also referred to as the LRTP Tranche 1 Portfolio, is the first tranche of transmission solutions developed as part of MISO’s Long-Range Transmission Planning effort to provide reliable and economic energy delivery to address future reliability needs resulting from transformational changes in the resource fleet.

For MVP construction status and cost updates, refer to the MVP Dashboard on the MTEP Quarterly Status Reports page. 

MVP Reviews 

The MISO Tariff requires annual review of all approved MVP Portfolios for a period of six years after approval. These reviews provide an updated view into the projected economic, public policy and qualitative benefits of the approved MVP Portfolio to identify potential modifications to the project criteria and cost allocation methodologies for projects to be approved at a future date. MVP reviews do not impact the existing MVP Portfolio approval status or cost allocation.