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November 5, 2024

budget

FERC
FERC Approves NERC, RE Budgets for 2025
NERC’s 2025 budget is set to rise 8.2% over the previous year to $123 million.
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NERC Board of Trustees/MRC Briefs: Aug. 15, 2024
NERC's Board of Trustees invoked its authority to accelerate standards development for the first time at this week's meeting in Vancouver.
NYISO
NYISO Board/MC Briefs: June 11, 2024
Emily Chen, an analyst with FERC’s Office of Energy Market Regulation, gave a briefing on Orders 1920 and 1977 to members of the NYISO Management Committee during a joint meeting with the ISO’s Board of Directors. 
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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