FERC & Federal
The Federal Energy Regulatory Commission is an independent regulatory agency that oversees the transmission of electricity, natural gas and oil in interstate commerce, as well as regulating hydroelectric dams and natural gas facilities.
Grid resilience is an increasing concern for regulators, but their efforts have been reactive, resulting in pilot projects but no consistent policies.
FERC approved a settlement between ReliabilityFirst and Michigan Electric Transmission Company for violations of NERC reliability standards.
President Joe Biden has suspended a Trump administration rule that restricts the purchase of bulk power system equipment from foreign adversaries.
FERC ordered NERC to audit the CMEPs of all regional entities by June 2023, rejecting the organization's proposed audit plan.
Industry participants support efforts to limit acquisition of foreign-manufactured hardware but warn that removal from existing systems will be challenging.
FERC ordered revisions to NERC’s pro forma regional delegation agreement and its RDAs with all regional entities while approving the agreements overall.
FERC ordered NERC to make an informational filing on possible modifications to the CIP reliability standards to allow their use.
DOE issued a prohibition order barring some U.S. utilities from acquiring equipment from China, citing concerns that its government may undermine the BPS.
FERC proposed incentives to encourage public utilities to make cybersecurity investments above and beyond the requirements of NERC’s CIP standards.
Supply chain rules from NERC and the federal government are increasing costs and procurement cycles for utilities and technology vendors.
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