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Marcus Hawkins: “There are seven organized wholesale markets in North…”

Featuring: Marcus Hawkins, Wisconsin Public Service Commission

Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States

Published August 31, 2023 | Video Starts at 27:45

Can you. Do you know how many RTOs there are and what some of the differences between Them might be, yeah. So there's besides geography. Yeah, yeah, yeah. There's There are seven organized wholesale markets in North America. And so there are several that are multi state RTOs like miso. So miso is the biggest geographically. It goes from Manitoba all the way down to Mississippi. (27:45–27:50)

CLAIM

Asserts that there are seven organized wholesale markets in North America.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Marcus Hawkins

“MISO is the biggest geographically. It goes from Manitoba all the way down to Mississippi.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 27:55-28:02
“PJM is the largest market based on sales and peak capacity.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 28:42-28:48
“2/3 of the electricity demand in the US is part of an RTO.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 35:58-36:03
“The commission regulates utilities that operate under this big wholesale market, [MISO, the Mid Continent Independent System Operator].”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 06:25-06:31
“The commission needs to understand [MISO] and it needs to weigh in at the MISO level to represent their own interests.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 06:31-26:57
“In the early 2000s, it was really a federal policy push to introduce wholesale competition for electricity.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 08:08-08:20
“It was coming from the Energy Policy Act and the Federal Energy Regulatory Commission to encourage competition of generation.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 08:19-08:32
“MISO was created, and their energy market really wasn't stood up until 2003.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 09:38-09:42
“OMS came into existence [in 2003] as FERC was promoting RTOs.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 09:42-09:47
“Every market that is a multi-state wholesale power market has what's known as a regional state committee.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 11:21-11:29
“OMS is a regional state committee.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 11:29-11:32
“MISO has evolved over time to take on more responsibilities over the power grid.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 12:00-12:07
“MISO is in year two or three of its Long Range Transmission Planning Initiative.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 14:57-15:26
“MISO is analyzing the transmission system needed to support future generators 20 years down the line.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 14:57-15:26
“The states still have authority to cite transmission in their borders.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 16:00-16:24
“MISO is talking about changes to how they establish how much capacity is required to serve customers.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 17:50-18:00
“MISO does a study every year to determine how much capacity is needed to meet the riskiest day.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 18:29-18:47
“Some states have prescriptive integrated resource planning processes given by their legislatures.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 19:44-20:04
“Wisconsin does not have an IRP process but uses the Strategic Energy Assessment.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 19:44-20:04
“The OMS is a nonprofit entity, like a trade association of the state commissions in [MISO].”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 21:28-21:33
“We are overseen by a board of directors and it's one commissioner from each of those member agencies.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 21:40-21:47
“The utilities in their state are heavily impacted by what is happening at MISO and happening at the FERC level.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 23:54-24:01
“We are weighing in at FERC at the Federal Energy Regulatory Commission.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 24:32-24:37
“MISO sets the capacity requirement, but states are technically allowed to set their own requirement.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 24:40-24:51
“MISO is a multi state energy market, they have a set of Rules called their tariff that has to be approved at FERC.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 24:40-24:51
“OMS has the most members at 17.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 29:31-29:34
“MISO used to be a smaller footprint that stopped in the boot heel of Missouri.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 30:22-30:29
“The Entergy states integrated into the MISO system over a five-year transition period starting in 2013 and concluding in 2018.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 31:16-31:24
“MISO is responsible for maintaining reliability for that whole footprint as one system.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 32:32-32:49
“MISO is part of the larger eastern interconnection that includes 36 states, a couple provinces, and the District of Columbia.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 33:08-33:18
“MISO oversees all transactions across its seams.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 33:55-34:01
“The majority of load is served by a utility that itself is served by a larger RTO.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 36:08-36:15
“MISO is ensuring that no resources that are more expensive than they need to be are running.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 38:14-38:24
“RTOs have a huge hundreds of millions of dollars of benefit, you know, annually type of impact on customers.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 38:39-38:49
“OMS conducts a survey with MISO called the OMS MISO Resource Adequacy Survey.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 39:36-39:43
“Most of the time in the out year, [the survey] shows a shortage.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 40:13-40:17
“OMS and MISO have partnered on [the survey] for about 10 years now.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 41:28-41:33
“The types of resources that are coming on the system are changing.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 41:47-41:52
“FERC issued Order 2222, which opened up these wholesale markets to aggregated distributed energy resources.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 44:05-44:14
“Transmission is subject to NERC requirements, the North American Electric Reliability Corporation.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 47:06-47:14
“Most of what MISO does and what OMS does happens in the open.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 48:50-48:56
“Nuclear plants were losing money at certain times due to some of the rules of these wholesale markets.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 50:36-50:45
“With this big decarbonization push across the country, a lot of utilities are seeing these [nuclear] plants that they retired early and…”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 50:44-50:57
“The Nuclear Regulatory Commission doesn't like [the idea of unretiring nuclear plants].”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 51:15-51:18
“Great enhancing technologies can really optimize the use of the transmission system.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 51:21-51:36
“These technologies aren't always in the best financial interest of some of the utilities.”
Electric Wire, Ep. 39 - Marcus Hawkins discusses his role leading the Organization of MISO States | Uploaded August 31, 2023 | 51:36-51:42