MISO
Docket EL26-70. FERC flagged MISO as the fastest-growing data-center region in the country: 43% CAGR in data center capacity since 2020, against a tariff FERC says lacks a consistent large-load framework. Show-cause response due Aug 17, 2026.
Aggressive reform and automation pushing toward a 1-year queue, but large-load process (EPR) is less defined than SPP's and load interconnection costs are inconsistent across a huge multi-state footprint.
Author analysis. Review against primary sources before relying on this for project decisions.
Verified facts and placeholders
Facts- Total queue MW
- 353,000 MWstale · as of 2026-06-22
- Total queue projects
- 1,696stale · as of 2026-06-22
- Avg interconnection wait
- 4 yearsstale · as of 2026-06-22
- Large-load queue MW
- Not disclosed
- Queue status
- reform-in-progress
- Large-load posture
- Developing
- Generation queue notes
- ~309 GW in the interconnection queue per FERC (vs. ~127 GW peak load), ~1,600+ active requests spanning cycles back to 2019; ~70% of capacity in older cycles was ultimately withdrawn. FERC approved a Generator Interconnection Queue Cap (50% of regional non-coincident peak per cycle). Targeting ~1-year processing via automation and reforms. ERAS remains capped at 68 projects total, 10 per quarter, ending August 31, 2027 or when the cap is met; Order 2023 compliance filing submitted May 18, 2026. The East/ITC regional queue cap has already been met for the 2026 cycle. JTIQ portfolio with SPP enables ~28.6 GW along the seam.
- Large-load posture rationale
- MISO does not publish a single consolidated large-load queue total. The 2026 OMS-MISO Survey (June 4, 2026) shows utilities expect roughly 15 GW/yr of new accredited summer capacity through 2031, with about 4 GW/yr moving through the expedited ERAS lane. FERC's show-cause order flagged MISO as the fastest-growing data-center region in the country: 43% CAGR in data-center capacity since 2020. Large-load additions route through ERAS and Expedited Project Review rather than one queue figure; April 2026 EPR materials show 19 April-cycle requests representing 5,457+ MW of new load additions and 59 approved EPRs for MTEP26. MISO moves to Direct Loss of Load accreditation beginning with 2028/29 planning.
Analyst read
Editorial analysis- Tier
- Mixed
- Rationale
- Aggressive reform and automation pushing toward a 1-year queue, but large-load process (EPR) is less defined than SPP's and load interconnection costs are inconsistent across a huge multi-state footprint.
- What's working
- ERAS fast-track issues agreements in ~3 months for critical resources.
- Automation and reforms targeting a ~1-year generation queue.
- What's working against
- Large-load EPR activity is material, but the pathway is less standardized and less transparent than SPP’s HILL framework.
- Vast 15-state footprint means highly variable local conditions.
- One thing to watch
- Whether MISO formalizes its EPR large-load process into something closer to SPP's HILL clarity.
- Analyst note
- MISO is reforming hard on the generation side and the ERAS fast-track is genuinely useful, but for large loads it is the least legible of the central markets right now. Developers should expect to do real homework on local cost allocation before committing.
Major announced projects in this market
Exhibit 2 · supporting- Meta Lebanon Campus (LEAP District)Data Center · Under Construction · Lebanon, IN1,000 MWCOD Late 2027 to early 2028
- Microsoft Mount Pleasant (Foxconn site)Data Center · Under Construction · Mount Pleasant, WI900 MWCOD Phased; Phase 1 ~400-450 MW; build-out approaching ~900 MW; projected up to ~3,300 MW by late 2027 across four buildings
- Meta HyperionData Center · Under Construction · Holly Ridge / Rayville, LA5,000 MWCOD Phased through the late 2020s
- Stargate Lighthouse (Vantage, Port Washington)Data Center · Permitting · Port Washington, WI900 MWCOD Not confirmed
Recent reforms
Source-backed- 2026-062026 OMS-MISO Survey
Utilities expect ~15 GW/yr of new accredited summer capacity through 2031, with ~4 GW/yr moving through the ERAS lane. (OMS-MISO Survey, June 4, 2026; TD World.)
Source - 2026-05
- 2025-12Second ERAS cycle
MISO announced its second Expedited Resource Addition Study cycle (~6.1 GW), primarily battery and gas, to fast-track reliability-critical generation.
Source - 2024-12JTIQ portfolio approved
Joint Targeted Interconnection Queue portfolio with SPP approved, enabling ~28.6 GW of generation to interconnect along the MISO-SPP seam.
Source
Upcoming milestones
Source-backed- 2026-08-17Show-cause response due (EL26-70)
MISO must justify or reform its large-load tariff by August 17, 2026 (or November 15 with abeyance).
Source - 2027-08ERAS sunset window
ERAS ends August 31, 2027 or when the 68-project cap is met, whichever is earlier.
Source - 2028Direct Loss of Load accreditation begins
MISO moves to Direct Loss of Load accreditation beginning with 2028/29 planning, valuing resources on performance during highest-risk hours.
Source
Sources & last updated
Provenance- Last updated
- 2026-07-09
- Source registry
- S&P Global: MISO 1-year queue targetPulled 2026-06-22 · Supports: generationQueueNotes, avgInterconnectionWaitYearshttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/022525-miso-on-path-to-reduce-queue-process-to-one-year-with-reforms-technology-executive
- DWGP: MISO/SPP fast-track processesPulled 2026-06-22 · Supports: recentReforms, upcomingMilestoneshttps://dwgp.com/firm-announcements/miso-and-spp-move-forward-with-fast-track-interconnection-study-processes
- MISO Generator Interconnection pagePulled 2026-06-22 · Supports: generationQueueNotes, recentReformshttps://www.misoenergy.org/planning/resource-utilization/generator-interconnection/
- MISO EPR Process ImprovementPulled 2026-06-22 · Supports: largeLoadPostureRationalehttps://www.misoenergy.org/engage/MISO-Dashboard/expedited-project-review-epr-process-improvement/
- MISO EPR Statistics Update Apr. 2026Pulled 2026-06-22 · Supports: largeLoadPostureRationalehttps://cdn.misoenergy.org/20260407%20EPR-TSTF%20Item%2003%20MISO%20EPR%20Statistics_UPDATED%204.3.26749106.pdf
- Utility Dive: FERC approves MISO queue cap (309 GW)Pulled 2026-06-22 · Supports: totalQueueMW, generationQueueNoteshttps://www.utilitydive.com/news/ferc-miso-interconnection-queue-cap/739002/
- Utility Dive: MISO ERAS / 1,603 active requestsPulled 2026-06-22 · Supports: totalQueueProjects, generationQueueNoteshttps://www.utilitydive.com/news/miso-eras-speed-generation-interconnection/743057/
- ZEG: MISO IPWG Apr 2026 (ERAS ~27 GW / 53 requests)Pulled 2026-06-22 · Supports: generationQueueNoteshttps://www.zeroemissiongrid.com/iso-rto-meeting-summaries/miso-ipwg-04-26/
- interconnection.fyi: live US ISO/utility queue dataPulled 2026-06-22 · Supports: totalQueueMW, totalQueueProjectshttps://www.interconnection.fyi