Carmel, Ind., December 17, 2009 — The Midwest Independent Transmission System Operator said Big Rivers Electric Corp. intends to integrate into the Midwest ISO as a transmission-owning member in September 2010.
Big Rivers will integrate its 1,262-mile transmission system into the Midwest ISO, allowing the electric generation and transmission cooperative to access one of the largest markets in the world for buying and selling power.
Big Rivers will also participate in the Midwest ISO's ancillary services market, which will benefit regional grid reliability by providing flexibility in addressing unexpected loss of generation and transmission.
Big Rivers' final integration into the Midwest ISO system is subject to certain regulatory and creditor reviews and approvals.
The electric generation and transmission cooperative will benefit from Midwest ISO's regional planning initiatives that aim to identify the most effective locations and means for generation and transmission improvements.
In addition, the Midwest ISO's long-term transmission expansion planning is expected to provide savings and cost reduction of about $1 billion annually by 2013.
The addition of Big Rivers Electric Corp. incorporates about 1,756 MW of generating capacity into the Midwest ISO's footprint.
Big Rivers Electric Corp. is an electric generation and transmission cooperative headquartered in Henderson, Kentucky and owned by its three distribution cooperative members — Jackson Purchase Energy Corp., Kenergy Corp., and Meade County Rural Electric Cooperative Corp.
These member cooperatives deliver retail electric power and energy to more than 111,000 residential, commercial, and industrial customers in portions of 22 Western Kentucky counties.