RTO budget
NYISO presented its $204 million draft budget for 2025 to the Budget and Priorities Working Group, with an administrative rate of $1.319/MWh based on a 154,700-GWh transmission throughput.
NYISO's final 2025 project budget recommendation re-added several items, such as the storage as transmission project, that will be presented to the Management Committee later this year.
MISO said its cost of doing business is set to escalate within the next four years, spawning bigger operating budgets and heftier member dues.
NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.
SPP CEO Barbara Sugg warned the RTO’s board and stakeholders that the grid operator faces new and stronger headwinds, even as it met its corporate goals’ first-quarter milestones.
The Resource and Energy Adequacy Leadership (REAL) Team, a cross-section group of regulators, directors and stakeholders, is the answer to SPP's No. 1 strategic priority: resource adequacy.
CEO Rich Dewey told stakeholders at an ISO Management Committee meeting that he recommended Nelson to the Board of Directors, which approved the promotion.
ISO-NE COO Vamsi Chadalavada told the NEPOOL Participants Committee about the ISO's market value, and the ISO answers states' draft 2024 budget questions.
NYISO at the BPWG on Wednesday released its final proposed budget for projects prioritized for next year, which increased more than 30% from last year and totaled $41.62 million.
PJM stakeholders approved a load model for the 2023 reserve requirement study during the Planning Committee's Aug. 8 meeting.
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