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May 18, 2024

budget

Senate ENR Committee
Granholm Defends DOE’s 2025 Budget at Senate Hearing
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.
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SERC Board of Directors/Members Meeting Briefs: March 27, 2024
SERC Reliability approved a slate of directors for the coming two years and heard an update on the regional entity's 2025 budget.
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FERC Releases Fiscal Year 2025 Budget Justification
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.
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Board OKs MISO Budget Increase for 2024
MISO’s base operating budget will increase 15% in 2024, mostly due to the grid operator adding about 70 staff positions.
NYISO
NYISO Management Committee OKs $195M Budget, 5.6% Rate Increase
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.
NERC
FERC Approves ERO 2024 Budgets
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.”  
NYISO
Emilie Nelson Named NYISO COO, Replacing Rick Gonzales
CEO Rich Dewey told stakeholders at an ISO Management Committee meeting that he recommended Nelson to the Board of Directors, which approved the promotion.
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FERC Approves NERC Transfer Study Funding Request
FERC gave NERC the go-ahead to redirect already-budgeted funds and tap its reserves to pay for a congressionally mandated study.
NERC
NERC FAC Approves Transfer Study Funding
NERC's Finance and Audit Committee approved a plan to fund the interregional transfer study that Congress ordered in June.
NERC
FERC Accepts NERC Budget Update
FERC accepted NERC's clarification of several elements of the ERO's 2023 budget.

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