The region’s grid operator, MISO, estimates that it delivered more than $5 billion in benefits in 2024 through its region-wide approach to grid reliability, market operations and regional transmission planning.
“MISO’s continued collaboration with our members and stakeholders has been instrumental to maintaining reliability and adding value for the 45 million people who depend on us,” said MISO President and CEO John Bear. “For every dollar spent on MISO membership, participants realized $15 in benefits — a testament to the efficiencies gained through regional collaboration.”
The value proposition analysis identifies and quantifies several key value drivers for MISO members, such as Great River Energy. This includes benefits like more efficient use of resources, improved reliability and compliance, and a reduced need for generation assets.
In 2024, the primary sources of value were:
- Resource capacity sharing: $2.9 billion to $3.9 billion. MISO’s large footprint allows energy to be shared more efficiently across the region, reducing the need for extra generation capacity and lowering costs for utilities without sacrificing reliability.
- Energy and ancillary services: $881 million to $974 million. Optimized market operations reduce collective production costs and enhance grid flexibility by ensuring the most cost-effective resources are deployed.
- Renewable resource optimization: $403 million to $474 million. MISO’s regional planning lowers the overall cost of integrating renewables across the region, reducing overall capacity investment to meet renewable energy goals.
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