Dive Summary:
- Cleco Power made its first official filing on its path to join the Midwest Independent Transmission System Operator (MISO).
- If approved, control of certain Clerco transmission assets will transfer to MISO; the system operator will also dispatch generation within the company's balancing area.
- Cleco's proposal indicates it wishes to join MISO by January, but the initial request is still pending approval by the Louisiana Public Service Commission.
From the article:
By filing a change of control request with the Louisiana Public Service Commission, Cleco is requesting to become part of a regional transmission organization (RTO) that manages one of the largest electric markets in the nation. MISO has a developed market that will produce benefits for Cleco customers through increased reliability and more efficient dispatch of generation.
"As our market structure changes, Cleco is positioned well to participate in MISO, known for the value it creates for its members and their customers through strict market oversight," said Bruce Williamson, president and CEO of Cleco Corp. "Cleco's fleet is environmentally sound, well maintained and should perform well under MISO's operating guidelines. MISO's focus on maintaining viable generation in its market and its experience in planning and operating the transmission grid will create efficiencies for our customers and ensure their power needs are met for years to come." ...
