FERC AGREES THAT, IN MISO, PROJECTS WITH 80% OR MORE OF ITS COSTS CONSIST OF UPGRADESD BE ASSIGNED TO IMCUMBANT TOS. FOUR COMMISSIONERS EXPRESS CONCERN ABOUT A LACK OF TRANSMISSION PROJECT COST REVIEW

In an Order dated July 26, 2022, in Docket No. ER22-1955, FERC accepted changes to MISO’s competitive transmission project process to assign the development of a transmission project where the costs of the project are 80% or more related to the upgrade portion to the incumbent transmission owner. Four of the commissioners attach a concurring statement that expresses their concern that existing processes may not adequately protect consumers with regard to the selection and construction of many transmission projects.