FERC gave NERC the go-ahead to redirect already-budgeted funds and tap its reserves to pay for a congressionally mandated study.

NERC's Finance and Audit Committee approved a plan to fund the interregional transfer study that Congress ordered in June.

FERC accepted NERC's clarification of several elements of the ERO's 2023 budget.

California Gov. Gavin Newsom and legislative leaders reached a budget deal that includes most of Newsom's controversial energy infrastructure bills.

MISO said the money it must expend on payroll and medical benefits will push it over budget through the end of the year.

EROs are increasing their budgets for 2024, with the increases largely funding personnel and meetings. Draft budgets are available for stakeholder comment.

The Texas Reliability Entity’s board voted to approve the organization’s 2024 business plan and budget, along with accepting its 2022 financial statements.

In California, a predicted budget shortfall that grew $9 billion since January has not resulted in additional proposed cuts in climate and energy spending.

NYISO presented the Budget and Priorities Working Group with 48 market projects that it is proposing to be included in its 2024 budget.

Representatives of SERC Reliability’s member entities joined the regional entity’s Board of Directors here for its first meeting of the year on Wednesday.