RTO budget
The great pause brought on by the novel coronavirus pandemic could have one upshot for MISO: It will likely save millions of dollars this year.
ISO-NE’s energy transactions rang in at $159 million in April, the lowest monthly total since 2003, the NEPOOL Participants Committee heard.
The ongoing COVID-19 pandemic is leading to budget savings across the ERO Enterprise that have been welcomed by NERC and the regional entities.
PUC Chair DeAnn Walker took advantage of a NERC trustee’s presence at a virtual Texas RE board meeting to plead for ERCOT representation on the ERO’s board.
NERC is projecting a total budget of $211.4 million for 2021, up 2.4% as it grapples with the uncertain economic conditions from the COVID-19 pandemic.
MISO Board of Directors Chair Phyllis Currie reflected on the unprecedented circumstances that converted the RTO’s Board Week into a teleconference format.
ERCOT CEO Bill Magness told the Board of Directors the grid operator finished 2019 with a net positive variance of $35.4 million.
MISO’s Board of Directors will remain unchanged heading after the same chairman and three incumbent directors were elected to retain their positions.
ISO-NE CEO Gordon van Welie briefed the NEPOOL Participants Committee on the RTO’s efforts to integrate state carbon policies into its markets.
The SPP Board of Directors approved a 9.1% increase in the RTO's administrative fee and the ITP 10-year assessment, while honoring retiring directors.
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