The Informational Report NOPR just seeks information and does not require transmission providers to undertake vulnerability assessments where they do not already do so.
Below are summaries of the agenda items for the Federal Energy Regulatory Commission's June 16, 2022 open meeting, pursuant to the sunshine notice released on June 9, 2022.
Britain will have enough capacity to meet winter electricity demand energylivenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energylivenews.com Daily Mail and Mail on Sunday newspapers.
Electric
E-1 – Electric Transmission Incentives Policy Under Section 219 of the Federal Power Act (Docket No. RM20-10-000). On March 20, 2020, the Commission issued a Notice of Proposed Rulemaking (NOPR) relating to electric transmission incentives policy pursuant to the Federal Power Act (FPA). In the NOPR, the Commission furnished proposed revisions to transmission planning and cost allocation processes following significant developments in the sector, reflecting a potential new focus on reliability and economic benefits rather than the current risks and rewards approach associated with specific projects. Further, the NOPR acknowledged policy shifts in the fifteen years following Order No. 679, which codified an approach to evaluate requests for incentives made by transmission owners and operators, as well as Order No. 1000 and the 2012 Policy Statement on transmission incentives applications. Namely, the NOPR proposed to: offer public utilities an return on equity (ROE) incenti
At its December open meeting, FERC
proposed to establish rules for incentive-based rate treatments for voluntary cybersecurity investments by a public utility. If approved, the regulations would provide incentives for utilities to invest in cybersecurity improvements above and beyond existing mandatory requirements, provided the investments are related to the jurisdictional transmission or sale of electric energy. Traditionally FERC has worked to enhance the cybersecurity of the bulk-power system by directing the development and expansion of mandatory NERC Critical Infrastructure Protection (CIP) reliability standards. The proposed rules here would be quietly revolutionary by offering the “carrot” of financial incentives for cybersecurity enhancements, rather than relying exclusively on the “stick” of monetary sanctions that result from violations of mandatory requirements.