The Federal Energy Regulatory Commission (FERC or the “Commission”) recently issued Order Nos. 896 and 897 (collectively, the “Reliability Orders”), which are two final rules designed.
The Federal Energy Regulatory Commission (FERC or Commission) on June 15, 2023, finalized a rule requiring interstate electric transmission providers to file one-time informational.
In companion orders issued on June 15, 2023, the US Federal Energy Regulatory Commission ("FERC") has (1) directed the North American Electric Reliability Corporation ("NERC").
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.
I. Issue Summary
On March 16, 2021, the Federal Energy Regulatory Commission (Commission or FERC) issued a notice regarding a technical conference inviting comments on matters related to electric reliability threats posed by climate change and extreme weather events.[1] [1] The conference will be held from June 1 to June 2, 2021 with pre-conference comments due by April 15, 2021.
II. Summary of R Street Position
Climate change adaptation is a societal risk management exercise. Independently, electric reliability policy has evolved toward a risk management framework. As such, it is important to accurately fuse characteristics of climate risk into the evolving risk-based electric reliability framework. Overlaying climate risk onto the preexisting and potential future configurations of reliability risk frameworks helps inform policy makers in revising current policies, protocols, and inputs in a manner that maximizes net benefits to society.