On July 15th, the Midwest Independent Transmission System Operator (MISO) filed its proposed cost allocation methodology for new interstate electric transmission projects with the Federal Energy Regulatory Commission   Pending FERC approval, the Multi Value Projects (MVPs) – transmission lines that have a regional impact and are part of a regional plan – will have a 100% regional allocation of costs.  The major elements of the proposal include allocating 100% of regional transmission costs to load and exports, maintaining the current cost allocation for generator interconnection projects, maintaining a local allocation of new costs for projects that are generally small and local in nature (including those developed for reliability purposes) and avoiding re-allocation of existing transmission costs. Read more about the MVP proposal in MISO