Transmission Engineer Meeting Agenda
Senior Transmission Engineer John Weber discusses MRES profiles and specific rate information for 2025. The meeting covers regulatory changes, timelines, and FLTY details for MRES, MMU, and WMU. Explore the role of transmission facilities, FERC background, and regulatory issues affecting the industry.
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Presentation Transcript
October 24, 2024 John Weber Senior Transmission Engineer
Agenda Meeting Purpose MRES Profile MRES, MMU, and WMU FLTY for 2025 Question/Answer
Meeting Purpose MRES background Regulatory Changes / Timelines MRES, MMU and WMU specific rate information MRES 2025 FLTY with true-up info on Attachment O/GG/MM from 2023 MMU 2025 FLTY with true-up info on Attachment O from 2023 WMU 2025 FLTY with true-up info on Attachment O from 2023 The 2025 FLTYs will be incorporated into rates effective on January 1, 2025.
- 61 Members served - Transmission: ~362 miles - Generation: ~788 MW - Renewable: ~130.2 MW MRES MISO & SPP Members, Generation and Transmission Rugby Wind Project Fort Peck Dam d ITA Garrison Dam Canyon Ferry Dam Big HornRiver YellowtailDam Marshall WindProject Pierre Solar Project Watertown PowerPlant Irv Simmons Oahe Dam Big BendDam PointBeach NuclearPlant Odin WindProject Gavin s Point Dam Fort RandallDam Worthington WindProject Hancock Co. Wind Laramie River Station MBPP Exira Station Red Rock Hydroelectric Plant MRES Member in MISOMarket MRES Member in SPPMarket MRES GenerationResource Federal Hydroelectric Dam CapX 2020 Transmission Routes
MRES FERC Background Transmission facilities are owned by Western Minnesota Municipal Power Agency (WMMPA) FERC Declaratory Order (EL08-22, 12/08) combines financial statements for ATRR Attachment O effective 6/1/11 Incentive filing (EL11-45, 6/11) CapX; Fargo P2 & P3, and Brookings CWIP, Abandon Plant, Hypothetical cap structure 205 filing (ER12-351, 11/11) FERC Approved ER12-351, and EL 11-45 on January 20, 2012 FERC Approved ER17-1515 on July 25, 2017 DA of Property Taxes, RTO ROE incentive adder, effective 7/1/17 FERC Approved ER23-2284 on 8/31/23 for LRTP Incentives
Regulatory / FERC Issues, Procedures and Timing cont. By June 1st Post actual calculations and true-ups based on prior year s Rate Information By September 1st Meet with Interested Parties to discuss the actual prior year s Rate information By October 1st Post FLTY info for MRES, MMU, and WMU By October 31st Meet with Interested Parties to discuss the next year s (FLTY) Rate information December 1st Deadline for information requests By January 10th Must respond to information requests January 31st Deadline for informal challenges March 15th Annual Informational filing April 15th Deadline for formal challenges
2025 Projects On July 25 2022, the MISO board approved the LRTP Tranche 1 projects, including a new 345 kV line between Big Stone and Alexandria MRES will own a portion of the line and the Alexandria Substation as well as part of the line to Big Oaks Attachment MM Project with an estimated cost of $573.5M CWIP from the project is and will be included going forward 7
MRES 2025 FLTY Attachment O Gross $ 4,588,516 Estimated Revenue Credits $(158,773) Historic Year True-up $(1,061,080) Attachment O Net $ 3,368,663 Attachment GG Gross $8,114,826 Historic Year True-up $(1,028,643) Attachment O Net $7,086,183 Attachment MM Gross $7,520,653 Historic Year True-up $770,121 Attachment O Net $8,290,774
MRES member Attachment O Information MRES is MISO TO on behalf of 10 MRES members; only 2 use a forward looking template MRES has an agency agreement with MMU and WMU MRES is contact for any initial questions NSP JPZ MMU FLTY GRE JPZ WMU FLTY
MMU FERC Activities Transmission facilities are owned by Marshall Municipal Utilities Commission (MMU) FERC approved filing effective 1/1/15, ER15-142 MRES filing to request RTO incentive adder ER15-2724, accepted Nov 2015
MMU 2025 FLTY Attachment O Gross $1,665,558 Estimated Revenue Credits ($32,995) Historic Year True-up $100,005 Attachment O Net $1,732,659
WMU FERC Activities Transmission facilities are owned by Willmar Municipal Utilities Commission (WMU) FERC approved 30.9 credits effective 12/1/2010, ER10-3180 FERC approved FLTY filing effective 1/1/16, ER16-18 MRES filing to become TO on behalf of WMU effective 6/1/2019, ER19-1211
WMU 2025 FLTY Attachment O Gross $2,687,499 Estimated Revenue Credits ($39,307) Historic Year True-up ($589,078) Attachment O Net $2,059,114
Questions If you have any questions after the meeting, please submit via e-mail to John Weber: john.weber@mrenergy.com All questions and answers will be posted on the MRES OASIS website along with any follow-up questions received within 15 business days from the date of inquiry on the OASIS site. (http://oasis.midwestiso.org/OASIS/MRET)
