How do you quantify the following proposed benefits of this ambitious (and exciting) transmission plan? MISO ascribes benefits to:
-savings from accessing renewable facilities across MISO's footprint compared with building local generating projects;
-savings from building regional transmission projects that avoid the need for incremental reliability upgrades;
-The avoided risk of blackouts; and,
-Reduced greenhouse gas emissions
Can anyone quantify this against projects and technologies not yet built? In my opinion ….NO. But, I do like that the industry is “attempting” to evaluate the cost or value of intangibles (like from the list above: reliability, resiliency, access to clean sources of generation, etc) over the life of the asset.
We should do the same for distribution. Try substituting the word “distribution” for “transmission” throughout this article and see if you agree.Â
Mike Beehler
Expert Member
Top Contributor