MISO PJM Joint and Common Market Cross Border Transmission Planning

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1 MISO PJM Joint and Common Market Cross Border Transmission Planning May 30,

2 Coordinated System Plan Study 2 Using information from the March 30 Annual Issues Review, the JRPC has decided to perform a two part Coordinated System Plan Study 2018 Targeted Market Efficiency Project (TMEP) study Use historical M2M congestion data Estimated study timeline in following slide Interregional Market Efficiency Project (IMEP) study Rely on regional processes to identify eligible issues Solution ideas submitted to both regional processes for consideration and analysis Estimated study timeline in following slide 2

3 TMEP Study Timeline 3 JOA Deadline: Study (analysis) must be completed by December 31, 2018 Target Timeline June complete review of historical congestion Identify outage impacts Identify planned upgrades July Work with equipment owners to identify limiting equipment and potential upgrades September Complete evaluation of potential upgrades October Joint review of results and JRPC recommendation to Boards December Board approvals of any recommended TMEPs 3

4 IMEP Study Estimated Timeline 4 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 PJM Model Development & Criteria Analysis Final Models Developed, Issues Identified Long Term Window Open Model Update Regional Solutions Analysis Regional Evaluation of Interregional Solutions BOM Approval MISO Model Development Final Models Posted, Issues Identified Market Efficiency Window Open Transmission Solution Evaluation BOD Approval IPSAC Today Interregional Cost Allocation of Potential Projects 4

5 Interregional Process Enhancements 5 MISO and PJM working with stakeholders at the IPSAC for process enhancements Feedback received from 7 IPSAC entities and discussed at March 30 IPSAC Draft redline changes to the JOA posted with May 11 IPSAC meeting materials Target having all changes effective for next IMEP process PJM window opens around November 1, 2018 To ensure time for FERC action, filing should be made no later than July 5

6 JOA Changes 6 Key changes: Remove 5% GLDF criteria; materiality determined be regional processes Clean up as required to reflect no joint model for IMEP study Clarify obligation to construct (project in one region benefiting the other) Eliminate Cross Border Baseline Reliability Project (CBBRP) type; rely solely on Interregional Reliability Projects (IRPs) 6

7 Relevant Regional Efforts 7 Regional efforts may impact interregional studies or projects MISO PJM Targeted Market Efficiency Project (TMEP) regional cost allocation reopener Reevaluating a TMEP regional cost allocation to apply after the end of the MISO South transition period, expected Q3, 2018 Sub-345 kv Interregional Market Efficiency Project regional cost allocation Extended NIPSCO Order directive, due October 31, 2018 Market Efficiency Process Enhancement Task Force Recommend any changes to the Market Efficiency Process by July 1,

8 Planning Updates at the JCM 8 The Interregional Planning Stakeholder Advisory Committee (IPSAC) is the official stakeholder forum for planning activities between MISO and PJM (aka Cross Border Planning ) Cross border planning agenda items at JCM have essentially become IPSAC updates No substantive discussion of interregional policy Need for this agenda item has waned Going forward, the RTOs are proposing to provide: Only very high level topics, upcoming IPSAC dates and weblinks Fuller bodied presentations only when: Planning activity has been determined to be impactful to the markets Interregional transmission projects being considered for approval 8

9 Cross Border Transmission Planning Contacts 9 Eric Thoms, MISO ethoms@misoenergy.org Chuck Liebold, PJM chuck.liebold@pjm.com 9

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