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Regional Energy Markets
The PSC's Division of Regional Energy Markets (DREM) works on behalf of Wisconsin citizens, ratepayers, and utilities across a wide spectrum of multi-state, regional, and national forums and jurisdictions. Our dedicated team is comprised of economists, policy advisors and engineers who keep a watchful eye and provide a guiding hand to the Commission as it relates to this burgeoning arena.
DREM staff work directly with the
Mid-Continent Independent System Operator (MISO), which operates the electrical grid in Wisconsin and throughout the central part of the United States, from Canada to the Gulf of Mexico. The unit performs a “watchdog” role, advocating on behalf of Wisconsin on issues such as the electrical system’s reliability, the need for adequate transmission and generation resources, and the fair and efficient operation of MISO’s wholesale energy market.
DREM staff also work cooperatively with their counterparts in the
Organization of MISO States (OMS), a body made up of regulators from within MISO’s footprint that advises MISO on policy. OMS offers a secondary avenue through which Wisconsin’s interests can be represented and protected.
The issues associated with the operation of a massive regional electrical grid and energy market require not only consistent contact with other states, but with federal government agencies and organizations. Oversight responsibility for MISO, and other regional transmission operators like it, primarily falls to the
Federal Energy Regulatory Commission (FERC). DREM staff track and analyze filings and decisions at the FERC and provide the PSCW Office of General Counsel with technical and policy background information. New rules and standards put forth by agencies such as the North American Electric Reliability Corporation (NERC) are also monitored and their implications for Wisconsin utilities and ratepayers assessed.