A round-up of news from the MISO Board of Directors meeting on Feb. 26, 2015.

MISO will have to adopt neighbor SPP’s cost allocation method for interregional transmission facilities addressing reliability needs, FERC said.

FERC approved changes to the SPP Tariff that clarify the circumstances under which market participants are able to modify their mitigated offers during the operating day.

David Cruthirds brings this report from the Gulf Coast Power Association’s Feb. 5 special briefing: “Challenges & Changes in Energy on the Bayou.” Among the topics discussed were Entergy’s growth plans, Year 1 in MISO South and the RTO’s ongoing seams battles.

The SPP Board of Directors elected Mike Ross as senior vice president of government affairs and PR and Malinda See as vice president of corporate services.

FERC approved SPP’s market-to-market coordination rules with MISO, after the two RTOs resolved an earlier dispute over the creation of flowgates.

SPP members last week approved spending $270 million on transmission improvements over the next five years but not before stakeholders expressed misgivings.

SPP will change the way it calculates offer caps for generators under market mitigation in a “design approach” approved last week by the MOPC.

MISO has asked FERC for a rehearing of its order requiring the RTO to modify the way it calculates the hurdle rate for determining whether to allow power flows between its north and south regions.

SPP is seeking FERC approval for a revised Tariff that the RTO says will more accurately screen generators for market power abuses.