It’s about time: Awarded in 2023, this cash will finally head to projects in six states across the SPP and MISO footprints (including IA, KS, MN, and the Dakotas). It’s projected to spur over $1B in additional private investment. Meanwhile, plenty of other DOE awards remain in limbo.
In other RTO news, PJM wants to raise the minimum capitalization thresholds required to participate in its energy market. The goal? To catch up with inflation and shield market participants from default. Similar net worth requirements have been set by organizations like SPP, MISO, and ERCOT.
Molly Glick
Energy Central Team
Mon, Jun 1
NEWS: The DOE will make good on a $460M grant for new Midwest high-voltage transmission lines.
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