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November 30, 2023

budget

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.
NERC
Stakeholders Respond to ERO Budget Drafts
Industry stakeholders expressed concern about the ERO's rising budgets and assessments in comments last week.
Shutterstock
Calif. Governor, Lawmakers Agree on Infrastructure Bills
California Gov. Gavin Newsom and legislative leaders reached a budget deal that includes most of Newsom's controversial energy infrastructure bills.
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Salaries, Benefits Push MISO over Budget
MISO said the money it must expend on payroll and medical benefits will push it over budget through the end of the year.
NERC
Personnel, Meeting Costs Drive 2024 ERO Budget Hikes
EROs are increasing their budgets for 2024, with the increases largely funding personnel and meetings. Draft budgets are available for stakeholder comment.

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