THE BRATTLE GROUP

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As in the case of SPP-MISO Interregional Planning process discussed above, the MISO-PJM interregional planning process creates significant barriers to interregional planning. It will, at the outset, disqualify many potentially valuable projects from consideration as an interregional project, and the projects that qualify will likely be rejected through multiple benefit-cost tests that limit benefits to narrowly-defined metrics that will understate the overall value of any proposed interregional transmission projects. C-7 | brattle.com
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THE BRATTLE GROUP Johannes Pfeifenb
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WIRES Preface Purpose of This Repor
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promote low-carbon strategies. 4 Be
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een called “anticipatory transmis
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Toward More Effective Transmission
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Table of Contents Executive Summary
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From this perspective, today’s pl
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I. Introduction In 2013, WIRES publ
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The remainder of this report is org
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account only those expected costs a
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is clear that utilities have made s
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III. The High Costs and Risks of In
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A. INSUFFICIENT SYSTEM FLEXIBILITY
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project were rejected in a planning
Page 29 and 30: As the PVD2 analysis further shows,
Page 31 and 32: other words, building the project w
Page 33 and 34: industry) 21 and has already been e
Page 35 and 36: $12 million. 26 This focus on relia
Page 37 and 38: C. INEFFICIENCIES OF CURRENT PLANNI
Page 39 and 40: planning regions. So far, we find t
Page 41 and 42: interregional transmission capabili
Page 43 and 44: These studies thus suggest that at
Page 45 and 46: generation the estimated benefit of
Page 47 and 48: enefit metrics that are even narrow
Page 49 and 50: investment costs, reduced costs of
Page 51 and 52: long-term flexibility benefits and
Page 53 and 54: actively encourage and support such
Page 55 and 56: List of Acronyms BPS Bulk Power Sys
Page 57 and 58: Bibliography American Transmission
Page 59 and 60: Federal Energy Regulatory Commissio
Page 61 and 62: Pfeifenberger, J., K. Spees, K. Car
Page 63 and 64: Appendix A: Case Study of Transmiss
Page 65 and 66: Figure A‐1 Benefits and Costs of
Page 67 and 68: Figure A-2 also documents the fact
Page 69 and 70: Figure A‐3 Range of Projected Soc
Page 71 and 72: Appendix B: Addressing Uncertaintie
Page 73 and 74: The simulation of short-term uncert
Page 75 and 76: transmission issues and solutions a
Page 77 and 78: Expansion Plan (RTEP) criteria; and
Page 79: Requiring projects to pass the join
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THE BRATTLE GROUP

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