FERC Issues Notice of Proposed Rulemaking for NERC Standard on Geomagnetic Disturbances

On January 16, 2014, the FERC issued a Notice of Proposed Rulemaking to approve NERC Reliability Standard EOP-010-1. The proposed standard is the first step in implementing Order No. 779, where the Commission directed NERC to develop reliability standards aimed at mitigating the effects of geomagnetic disturbances (“GMDs”) on the…

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Defining the Bulk Electric System

A Difficult Process Approaches a Critical Deadline A low profile, but very significant, process involving the Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC) and participants in the electric utility industry is approaching a critical time point. Driven by FERC directive and timeline, NERC and the…

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FERC’s Adoption of Revised Definition of Bulk Electric System Warrants Fresh Look at Company Compliance Programs

The Federal Energy Regulatory Commission (“FERC”) ended the year 2012 by approving a major new rule affecting electric industry compliance with mandatory reliability standards.  Specifically, on December 20, 2012, FERC issued a final rule revising the definition of the Bulk Electric System (“BES”) — which is a cornerstone for compliance…

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