budget
NERC’s 2025 budget is set to rise 8.2% over the previous year to $123 million.
NERC's Board of Trustees invoked its authority to accelerate standards development for the first time at this week's meeting in Vancouver.
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.
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.
SERC Reliability approved a slate of directors for the coming two years and heard an update on the regional entity's 2025 budget.
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.
MISO’s base operating budget will increase 15% in 2024, mostly due to the grid operator adding about 70 staff positions.
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.
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.”
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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