budget
NYISO is proposing a $191 million budget for 2023, a 13% increase over current spending, with funding for salary increases, 20 new staffers and 54 projects.
The Planning Committee heard updates on PJM's capital budget, the Reserve Requirement Study and an appellate court ruling on transmission cost allocation.
NYISO spent $2.5 million on raises for about 300 staffers to encourage retention; the ISO also proposed a $32 million project budget for 2023, a $5 million cut.
NERC's Finance and Audit Committee sent the final ERO Enterprise business plans and budgets to the organization's Board of Trustees for approval.
At the first in-person meetings of NERC’s board and MRC since the pandemic's start, attendees reflected on changes experienced since they last saw each other.
ISO-NE is proposing a roughly 10% increase in its operating budget for 2023 and the addition of more than 50 employees over the next two years.
NERC and the regional entities said the ongoing shutdown of business travel and remote work postures from COVID-19 helped fuel budget savings in 2021.
California lawmakers proposed a vague $21 billion climate and energy budget for FY 22-23 that would defer Gov. Gavin Newsom's specific plans, pending talks.
NERC’s draft 2023 budget shows expenses are set to rise by more than 13%, fueled by increasing headcount, a return to in-person and rising operating expenses.
At the Texas RE Board of Directors meeting,
former ERCOT CEO Bob Kahn called for lawmakers to focus on reliability as they work on changes to the markets.
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