Energy transmission agency to open center in Little Rock | Arkansas Blog

Wednesday, May 8, 2013

Energy transmission agency to open center in Little Rock

Posted By on Wed, May 8, 2013 at 11:21 AM

Entergy's decision in 2011 to join the Midcontinent Independent System Operator for handling interstate power transmission likely was a factor in a Little Rock development announcement today.

MISO is going to open a regional operations center in Little Rock. It will employ 35 to 50 people making $85,000 a year on average. Entergy hopes to save money by joining MISO. It has been in an unusual contract with the Southwest Power Pool, a major regional transmission operation, that is headquartered in Little Rock. MISO hopes to complete a new agreement with Entergy within three months. The state Public Service Commission has given conditional approval.

News release from the state's economic develoment agency follows:

Midcontinent Independent System Operator (MISO), a regional transmission organization that oversees cost-effective delivery of electric power through competitive wholesale markets, today announced it will expand its presence in Arkansas by adding a regional operations center in Little Rock. The facility will serve as the hub for MISO’s new Southern Region. The company plans to hire 35 to 50 highly-skilled employees with an average salary of about $85,000 per year. Compared with similar facilities, MISO expects to invest between $5-8 million in the new facility.

The move will accommodate MISO’s expanded footprint as it integrates the four-state Entergy operating companies along with several area transmission owners and generators into the MISO system. Entergy Arkansas projects savings of $263 million to its customers over the first 10 years of MISO membership.

“To bring those tangible benefits to consumers, we’re establishing roots in the Southern Region to help serve all of our new stakeholders and consumers,” said John R. Bear, President and CEO of MISO. “Opening this facility in the Little Rock area will provide a command center for the Southern Region so MISO can ensure greater reliability and lower costs across the region while maintaining its close connection to state interests and stakeholders.”

MISO is evaluating potential sites in the Little Rock area for its new operations center, which will house MISO real-time operations personnel, market operations staff, customer service representatives, government and regulatory affairs staff, information technology, and key support personnel. It will also include facilities to accommodate training and meetings.

“MISO determined that Little Rock is the best fit for MISO,” continued Bear. “Arkansas has a highly-skilled workforce that is familiar with the work we do because of established college-level programs throughout the state.”

MISO expects to finalize a site location within the next few months.

“MISO’s arrival marks the latest set of well-paying, knowledge-based jobs created in Arkansas,” Governor Mike Beebe said. “Our innovative programs of cooperation between our higher-education system and the private sector have produced a workforce well-prepared to help MISO succeed.”

“Little Rock continues to prove it is a great place to do business,” said Little Rock Mayor Mark Stodola. “I’m excited about MISO’s decision to locate in Little Rock and I look forward to their investment in the Little Rock community. With the addition of these new private sector jobs, Little Rock’s future looks stronger every day.”

About MISO
MISO ensures reliable operation of, and equal access to high-voltage power lines in 15 U.S. states and the Canadian province of Manitoba. MISO manages one of the world’s largest energy markets, with more than $18 billion in annual gross market energy transactions. MISO was approved as the nation’s first regional transmission organization in 2001. The not-for-profit organization is governed by an independent board of directors and is headquartered in Carmel, Indiana, with operations centers in Carmel and St. Paul, Minnesota.

Tags: , , ,

From the ArkTimes store

Favorite

Comments

Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • In Little Rock, Marco Rubio sells American exceptionalism

    This is Rubio's axiomatic answer to Donald Trump's insistence that he and he alone will Make America Great Again: America is the greatest, always has been.
    • Feb 22, 2016
  • Mitch Landrieu on the removal of Confederate tributes in New Orleans

    You want to hear the words of a strong mayor? Read the speech delivered by New Orleans Mayor Mitch Landrieu on the removal of the last of four Lost Cause tributes in the city. THIS is a strong mayor. Brilliant.
    • May 22, 2017
  • Auditor Lea caught not telling the truth

    State Auditor Andrea Lea, who began her tenure in statewide office with a degree of competence unseen in some other Republican counterparts (think Treasurer Dennis Milligan particularly), is becoming more deeply mired in a political scandal.
    • Mar 4, 2016

Most Shared

  • ASU to reap $3.69 million from estate of Jim and Wanda Lee Vaughn

    Arkansas State University announced today plans for spending an expected $3.69 million gift in the final distribution of the estate of Jim and Wanda Lee Vaughn, who died in 2013 and 2015 respectively.
  • Bad health care bill, again

    Wait! Postpone tax reform and everything else for a while longer because the Senate is going to try to repeal and replace the Affordable Care Act one more time before September ends and while it can do it with the votes of only 50 senators.
  • Sex on campus

    Look, the Great Campus Rape Crisis was mainly hype all along. What Vice President Joe Biden described as an epidemic of sexual violence sweeping American college campuses in 2011 was vastly overstated.
  • The inadequate legacy of Brown

    LRSD continues to abdicate its responsibility to educate poor black students.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation