Energy Secretary Jennifer Granholm defended her department’s $51 billion budget proposal for FY25 before hostile Republicans on the Senate Energy and Natural Resources Committee.

SERC Reliability approved a slate of directors for the coming two years and heard an update on the regional entity's 2025 budget.

FERC released its fiscal year 2025 congressional justification, which would have the agency fund itself with $532 million from fees and annual charges assessed to entities it regulates.

MISO’s base operating budget will increase 15% in 2024, mostly due to the grid operator adding about 70 staff positions.

NYISO’s budget would increase 2.5% next year but the rate schedule charge will increase 5.6% because of a forecasted drop in throughput.

FERC OK'd the 2024 business plans and budgets for the ERO, though Commissioner James Danly called for “a significant improvement in … speed and agility.”  

CEO Rich Dewey told stakeholders at an ISO Management Committee meeting that he recommended Nelson to the Board of Directors, which approved the promotion.

FERC gave NERC the go-ahead to redirect already-budgeted funds and tap its reserves to pay for a congressionally mandated study.

NERC's Finance and Audit Committee approved a plan to fund the interregional transfer study that Congress ordered in June.

FERC accepted NERC's clarification of several elements of the ERO's 2023 budget.