The present processes in and between regional transmission organizations (RTOs) are impeding the event of low-cost renewable energy, in accordance with a evaluate lately launched of regional and interregional transmission planning within the Nice Plains, Midwest and Mid-Atlantic.
The evaluation from Concentric Energy Advisors, commissioned by the American Council on Renewable Energy (ACORE) as a part of the Macro Grid Initiative in coordination with the American Clear Energy Affiliation and the Photo voltaic Vitality Industries Affiliation, identifies the first deficiencies and potential options for larger renewable deployment within the Southwest Energy Pool (SPP), Midcontinent Impartial System Operator (MISO) and the PJM Interconnection (PJM).
“Our nation’s transmission system is in want of a Twenty first-century makeover if we’re going to have any shot at attaining the extent of renewable deployment crucial to deal with our local weather problem,” says Gregory Wetstone, president and CEO of ACORE. “The present transmission planning processes in these areas aren’t working to ship the inexpensive clear vitality that states, companies and customers are demanding.”
Primarily based on a sequence of interviews with key market contributors and stakeholders in SPP, MISO and PJM, the report concludes:
-Centrally coordinated planning on the interregional and RTO ranges is required to determine the geographic areas the place untapped renewable vitality assets exist and develop optimum and cost-efficient paths for transmission infrastructure improvement to ship low-cost renewable assets to load facilities
-Interregional transmission planning ought to depend on both a unified nationwide interregional planning mannequin or regional fashions which have sufficiently aligned planning targets, assumptions, profit metrics and value allocation methodologies to correctly assess advantages and prices of interregional transmission initiatives
-Profit metrics used to evaluate the comparable advantage of initiatives relative to their prices must be expanded and standardized throughout areas to the extent attainable
-Value allocation for generator interconnection upgrades must be shared with load or different interconnecting mills primarily based on a good allocation of advantages
To obtain the brand new evaluation, How Transmission Planning and Value Allocation Processes are Inhibiting Wind and Photo voltaic Growth in SPP, MISO and PJM, click on here.