RTO budget
After earlier forecasts of a small year-end overage, MISO is now on track to be $1.2 million under its $265 million expected budget in December.
PJM staff outlined recommendations it developed to address a mysterious frequency drop on July 10.
MISO’s Board of Directors appointed Director Phyllis Currie to serve as its chair, replacing current Chairman Michael Curran.
CAISO’s first-quarter (Q1) revenues were $1.2 million more than it had budgeted, primarily because of entrance fees it collected for the EIM.
The ERCOT Board of Directors rejected an appeal by small public power distributors seeking a proposed change to the definition of transmission owners.
While MISO is under budget so far in 2018, the RTO’s financial staff is forecasting a slight overspend by year-end.
The ERCOT Board of Directors unanimously approved a $246.7 million transmission project to address growing energy needs along the Texas Gulf Coast.
SPP’s Board of Directors and Members Committee approved a 1-cent increase in the RTO’s administrative fee and its 2018 budget.
The MISO board of directors stepped in to order a plan of succession for the RTO’s executive leadership, while also approving its requested 2018 budget.
Increased labor costs from the expanding EIM helped push up CAISO’s 2018 revenue requirement by $1.9 million to $197.2 million.
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