CARMEL, Ind., Sept. 28, 2001 – The founding participants in the TRANSLink Transmission Company LLC filed with the Federal Energy Regulatory Commission (FERC) today to have the Midwest Independent Transmission System Operator provide unbundled regional transmission services for it under the MISO’s precedent setting membership affiliation category designed specifically for independent for-profit transmission companies.
Members of TRANSLink, a proposed independent transmission company that will operate throughout the Midwest and Mid-continent region, include utilities that are not subject to FERC jurisdiction and therefore not required to join a Regional Transmission Organization (RTO) under FERC Order No. 2000. The TRANSLink business model, coupled with the benefits of MISO membership under Appendix I of its Transmission Owners Agreement, created a compelling business reason for these non-jurisdictional utilities to join an RTO.
“The MISO’s strong stakeholder involvement and steadfast commitment to addressing the business needs of independent transmission companies provides the TRANSLink members with a flexible model that works for public power entities, transmission dependent utilities and investor-owned utilities alike,” said Audrey Zibelman, vice president of transmission for Xcel Energy. TRANSLink is an independent transmission company comprised of Midwest ISO members Alliant Energy and Northern States Power Company d/b/a Xcel Energy, as well as the MidAmerican Energy Co., Nebraska Public Power District, Omaha Public Power District and Corn Belt Power Cooperative.
In its filing with the FERC, TRANSLink proposed that MISO provide security coordination, long-term planning, market monitoring and dispute resolution services to TRANSLink. TRANSLink in turn proposed to provide electronic scheduling, tariff administration, and billing and settlements services. As part of this arrangement, the MISO will propose to FERC to unbundle its costs to allow TRANSLink to pay only for the services it purchases from MISO. The TRANSLink proposal is subject to required regulatory approvals.
“The Midwest ISO welcomes the TRANSLink utilities. The addition of TRANSLink builds on our solid platform of providing transmission owners with the services they need at the lowest cost,” said Jim Torgerson, President and CEO of the Midwest ISO.
Coupled with the recent filing by DTE Energy’s ITC to also participate in the MISO as an independent transmission company under Appendix I significantly adds to the Midwest ISO’s scope and configuration, Torgerson added. With the addition of the TRANSLink utilities, the Midwest ISO will serve a peak load of more than 81,000 megawatts of generation over more than 73,000 miles of high voltage transmission lines.
The non-profit Midwest ISO, based in central Indiana, is scheduled to become fully operational on Dec. 15, 2001. The Transmission Owners who are participating in the Midwest ISO include Alliant Energy; American Transmission Co.; Central Illinois Light Company (CILCO); Cinergy; City Water, Light and Power Corp. (Springfield, IL); Hoosier Energy Rural Electric Cooperative; Indiana Municipal Power Agency; Indianapolis Power & Light Co.; Lincoln Electric System; LG&E Corporation; Manitoba Hydro; Minnesota Power, and its subsidiary Superior Light and Power; Montana-Dakota Utilities, Northern States Power Company and Northern States Power Company (Wisconsin) d/b/a Xcel Energy; Northwestern Wisconsin Electric Co., Otter Tail Power Co.; Southern Illinois Power Cooperative; Vectren (formerly Southern Indiana Gas & Electric); Wabash Valley Power Association; and UtiliCorp United.
In addition, four other utilities have signed conditional applications for membership. They are: Great River Energy, Dairyland Power Cooperative, Southern Minnesota Municipal Power Agency and Sunflower Electric Corp.