NYISO presented additional data to the Budget and Priorities Working Group explaining its reasoning for rolling the remaining funds from this year’s budget cycle into a Rate Schedule 1 carryover.

The RTO will next year focus on capacity auction reforms, establishing a regional energy shortfall threshold, complying with FERC orders 1920 and 2023, and implementing market and technology improvements.

NYISO proposed to increase the Rate Schedule 1 carryover to $5 million, while the Installed Capacity Working Group discussed different ways to incentivize transmission security via the markets.

The MISO Board of Directors hit the high notes of resource adequacy anxiety, a possible new member with experience at Southern California Edison and an annual budget that will creep past $400 million.

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.