NERC staff said they see both signs of progress and looming challenges in the ERO's winter reliability assessment.

The North American electric and natural gas systems survived this year’s Arctic storms with no major incidents, demonstrating significant progress from the performance issues in previous severe winter events.

PJM said the grid maintained reliability through nearly a week of harsh winter conditions during the winter storm that blanketed much of the nation in mid-January.

PJM and stakeholders spent much of 2023 debating how to position the RTO's markets to be prepared for future severe weather and maintain the balance between retiring fossil generation and renewable development.

FERC approved a settlement between PJM and 81 parties to reduce the $1.8 billion in penalties assessed against generators that underperformed during Winter Storm Elliott.

NERC's Winter Reliability Assessment found large portions of the electric grid at risk of energy shortfalls this winter.

In their final report on Winter Storm Elliott, FERC and NERC said congressional action on natural gas reliability is needed.

PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.

FERC Chair Willie Phillips and NERC CEO James Robb wrote in joint comments that they have "serious concerns" about Everett's retirement.

Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.