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
Advisory platform
S/13Advisory discipline

Infrastructure Risk Assessment

One exposure view, before capital is committed.

Integrated analysis of power, transmission, utility, permitting, land, market, and community exposure — scored on likelihood and impact, with dependencies traced, for board and investment-committee decisions.

Risk domains

7

Power to community

Method

Likelihood × impact

With dependencies

Audience

Board / IC

Decision-ready

Decision chain

  1. 01 · Signal

    A strategic decision with exposure to power, transmission, permitting, land, or market risk.

  2. 02 · Analysis

    Score each risk on likelihood and impact; trace dependencies between them.

  3. 03 · Decision

    Which risks to accept, mitigate, transfer, or avoid before committing.

  4. 04 · Financial impact

    A single, defensible risk view for the board or investment committee.

  5. 05 · Execution

    Risk register, exposure matrix, and mitigation roadmap with owners.

Intelligence model

How the decision actually works.

An interactive model of the mechanics behind this discipline. Values are illustrative and labeled as modeled — they explain the decision, they are not market readings.
Infrastructure exposure matrixIllustrative · modeled
Likelihood →Impact →

Hover a risk. Illustrative placement for a large-load development.

Executive brief

What leadership needs to know.

What is happening+

Infrastructure risks are interdependent — a permitting delay becomes a power delay becomes a capital delay.

Why it matters+

Risks reviewed in isolation are routinely underestimated.

What it could cost+

Compounded delays drive cost overruns and missed commercial dates.

What options exist+

Accept, mitigate, transfer contractually, restructure the project, or avoid.

What Stock & Milster analyzes+

Power, transmission, utility, permitting, land, market, and community exposure.

The next decision+

Produce one exposure matrix the full leadership team agrees on.

Scope

What we examine.

01

Power & Grid Exposure

Availability, reliability, and deliverability risk at the point of service.

02

Regulatory & Permitting

Tariff proceedings, multi-agency permits, and zoning pathway risk.

03

Land & Community

Site control, buildability, and organized local opposition.

04

Market & Capital

Forward price exposure, timing risk, and capital-at-risk sequencing.

Output

What you receive.

  • D/01Infrastructure risk register
  • D/02Likelihood × impact exposure matrix
  • D/03Dependency map
  • D/04Mitigation roadmap with owners

Horizon

3–5 weeks

Format

Risk register + matrix

Cadence

One-time or refreshed

Investment committeesDevelopment teamsCorporate boardsLenders

Next decision

Produce one exposure matrix the full leadership team agrees on.

Stock & Milster advises on the decision. We do not sell the project. Engagements are scoped to the decision, geography, facilities, and depth required.