FERC approved a joint MISO-PJM proposal to create a new category of small interregional transmission projects intended to address historical congestion.

PJM and MISO provided updates on proposed pro forma pseudo-tie agreements, the “freeze date” on transmission rights and targeted transmission upgrades.

Seven of the eight stakeholder-originated project proposals evaluated by MISO and PJM are not expected to pass the RTOs’ benefit threshold.

FERC approved a proposal by PJM and MISO to create a new category of interregional projects while cautioning that the measure could see revisions.