Expanding Transmission Grid Drives Corporate Regional Strength and Prosperity

  • August 17, 2020
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  • Amy Fredregill

Transmission investments are needed as our regional power generation portfolio continues to evolve. An expanded energy transmission grid is critical for ensuring companies, communities and government entities can stay healthy, strong and competitive, reach their energy goals while ensuring safe, reliable and affordable clean energy access to consumers.

On August 12, the Midcontinent Independent System Operator (MISO), an independent, not-for-profit organization delivering power across 15 U.S. states, held its Planning Advisory Committee Meeting. The organization convened to discuss investing in the regional transmission grid – a vital piece of the region’s infrastructure for Sustainable Growth Coalition members. Supporting efforts to expand our grid’s capabilities is vital as we collaborate, plan and lead to drive strong growth and prosperity for communities within our region.

Earlier this year, the Coalition unveiled its Transmission Guiding Principles, which include why transmission expansion is critical to our future. Reasons are numerous including ensuring low-cost, affordable energy for consumers and businesses, protecting the reliability of our grid, creating an environment supportive to strong economic development and regional competitiveness, and encouraging environmental, equitable and inclusive outcomes, to help advance our region’s prosperity and meet customer needs. Expanding the transmission grid brings Coalition members and other organizations across our region closer to participating in the circular economy. We appreciate the critical work MISO is leading; several of our Coalition members, Xcel Energy and Great River Energy, are also active MISO members and leaders on exploring the future of long-range planning needs for the transmission grid. From improved public health to creating a more resilient economy, the Coalition supports investments in our grid, a key component to move circularity forward and ensuring prosperity for companies and communities.

I think Pete Swenson, the Director of Sustainable Enterprise, Tennant Company, sums up the value of our Coalition’s efforts to advance strategic goals including transmission grid expansion: “Collaboration, innovation and a commitment to our customers and communities is why we are part of the Sustainable Growth Coalition. Long-view, systems thinking can mean big solutions and meaningful change, ensuring we have the tools for innovation and can create prosperity for all.”