ISO / RTO · MODELED TAPE
PJMDEM98.4GWFCST104.2GW+5.8LMP$49.36CONG$11.6●RES15.8%●TX8●MIXSrc: · · Upd Oct 10, 2026MISODEM76.5GWFCST84.9GW+8.4LMP$39.82CONG$18.7●RES17.4%●TX10●MIXSrc: · · Upd Oct 10, 2026ERCOTDEM58.9GWFCST66.1GW+7.2LMP$41.20CONG$9.8●RES7.6%●TX12●MIXSrc: · · Upd Oct 10, 2026SPPDEM31.7GWFCST36.2GW+4.5LMP$33.15CONG$6.4●RES21.6%●TX5●MIXSrc: · · Upd Oct 10, 2026CAISODEM27.2GWFCST33.5GW+6.3LMP$63.20CONG$13.9●RES11.4%●TX7●MIXSrc: · · Upd Oct 10, 2026NYISODEM16.1GWFCST19.0GW+2.9LMP$68.40CONG$10.3●RES14.1%●TX4●MIXSrc: · · Upd Oct 10, 2026ISO-NEDEM12.8GWFCST15.4GW+2.6LMP$57.10CONG$7.9●RES17.2%●TX3●MIXSrc: · · Upd Oct 10, 2026PJMDEM98.4GWFCST104.2GW+5.8LMP$49.36CONG$11.6●RES15.8%●TX8●MIXSrc: · · Upd Oct 10, 2026MISODEM76.5GWFCST84.9GW+8.4LMP$39.82CONG$18.7●RES17.4%●TX10●MIXSrc: · · Upd Oct 10, 2026ERCOTDEM58.9GWFCST66.1GW+7.2LMP$41.20CONG$9.8●RES7.6%●TX12●MIXSrc: · · Upd Oct 10, 2026SPPDEM31.7GWFCST36.2GW+4.5LMP$33.15CONG$6.4●RES21.6%●TX5●MIXSrc: · · Upd Oct 10, 2026CAISODEM27.2GWFCST33.5GW+6.3LMP$63.20CONG$13.9●RES11.4%●TX7●MIXSrc: · · Upd Oct 10, 2026NYISODEM16.1GWFCST19.0GW+2.9LMP$68.40CONG$10.3●RES14.1%●TX4●MIXSrc: · · Upd Oct 10, 2026ISO-NEDEM12.8GWFCST15.4GW+2.6LMP$57.10CONG$7.9●RES17.2%●TX3●MIXSrc: · · Upd Oct 10, 2026
SMStock & Milster

How Engagements Work

From discovery call to decision-grade memo.

Every Stock & Milster engagement runs through the same disciplined six-step framework. Principal-led at every stage; nothing intermediated by junior staff.

Process

Six steps. No mystery.

01

Discovery Call

30–45 min principal-led call. We confirm decision context, time horizon, sensitivity, and whether the work is in our lane.

02

Scope & Engagement Letter

Written scope, deliverables, fee, and confidentiality terms. Engagement letter governs — nothing on this site overrides it.

03

Data Request

Targeted information request: site list, capital framework, prior diligence, counterparties. Materials handled under NDA.

04

Analysis

Power, transmission, land, incentive architecture, sentiment, and capital-stack analysis applied to the specific decision surface.

05

Executive Memo / Dashboard

Decision-grade output: institutional memo, board-ready dashboard, or screening matrix — calibrated to the audience.

06

Recommendations & Debrief

Live working session with principals. Open Q&A, scenario stress, follow-up framing. Optional retainer continuation.

Productized Offers

Three engagement formats.

Most institutional engagements fall into one of three formats. Custom scopes are also possible.

O/01

Strategic Infrastructure Review

One-time · 3–5 weeks

Infrastructure funds, hyperscale operators, and industrial buyers evaluating a specific market, portfolio, or acquisition.

  • ·Power, transmission, and capacity diligence
  • ·Incentive and policy architecture
  • ·Sentiment and jurisdictional risk
  • ·Executive memo + working session

O/02

Market Intelligence Retainer

Ongoing · monthly

Allocators and operators who need standing visibility into PJM/MISO/ERCOT structural change without building an in-house desk.

  • ·Monthly intelligence brief
  • ·Standing dashboard updates
  • ·Ad-hoc principal access (capped hours)
  • ·Quarterly portfolio screen

O/03

Site / Portfolio Screening Memo

One-time · 2–3 weeks

Pre-LOI or pre-IC diligence on a specific site, campus, or multi-asset target list.

  • ·Substation-level capacity read
  • ·Interconnection queue economics
  • ·Incentive stack mapping
  • ·Go / no-go framing memo

Next Step

Open a discovery call.

Stock & Milster is a strategic advisory and intelligence firm. Not a registered investment adviser, broker-dealer, placement agent, real estate broker, law firm, or accounting firm. Engagement scope, deliverables, fees, and limitations are governed exclusively by a written engagement letter.