Proceeding: MISO Transmission Owners Elimination of Schedule 2 Reactive Power Compensation
EPSA opposes this filing and asks that the Commission reject it without prejudice. In light of the acknowledged role that reactive power plays in maintaining system operation and reliability, EPSA urges the Commission to initiate a generic proceeding to broadly examine its policies with respect to compensating reactive power capability in order to ensure that it is available from resources which can provide this service both within and outside the deadband, or standard power factor range. This is especially important at this time of evolution in the power sector when efforts are underway to define and compensate new products, attributes, and services which maintain system reliability. Thus, it is shortsighted to eliminate an existing stream of compensation which provides just and reasonable compensation to generators that provide an essential reliability service.