News & Analysis as of

Federal Energy Regulatory Commission Cybersecurity

Spilman Thomas & Battle, PLLC

Currents Energy Industry Insights: V 8, Issue 6, June 2024

Conflicting Energy Demands and Policies Create Significant Future Challenges - Two noteworthy articles highlight how conflicting energy requirements are posing significant challenges for regional and national energy...more

Troutman Pepper

FERC Approves NERC’s CIP Reliability Standard on Cyber Security

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On May 23, 2024, FERC approved the North American Electric Reliability Corporation’s (“NERC”) proposed Critical Infrastructure Protection (“CIP”) Reliability Standard, CIP-012-2 (Cyber Security – Communications between...more

Vinson & Elkins LLP

AI’s Power Consumption Could Put the Grid — and Energy Regulators — to the Test

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The story of artificial intelligence (“AI”) is one of technological promise and societal challenge, and its impact on the U.S. electric power grid is fast becoming a pivotal chapter. The promise is compelling. AI could...more

Troutman Pepper

FERC Staff Issues Report on Lessons Learned from 2023 CIP Audits

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On December 12, 2023, FERC staff offered information and recommendations to help registered entities (i.e., users, owners, and operators of the bulk electric system) improve their compliance with mandatory Critical...more

Troutman Pepper

New Opportunities for Boosting Grid Security

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Recent rulemaking on cybersecurity by the FERC underscores the importance of managing grid stability and security. In this video, Troutman Pepper Associates Miles Kiger and Jennifer Panahi discuss FERC’s new rate incentives...more

Husch Blackwell LLP

U.S. Electrical Grid and Renewables – Vulnerability to Cyber Attacks

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As discussed previously in this blog, physical attacks against substations have been on the rise. However, the U.S. power grid is also vulnerable to cyberattacks from U.S. adversaries, which includes hostile foreign...more

Foley & Lardner LLP

Recommendations for Managing Cybersecurity Threats in the Manufacturing Sector

Foley & Lardner LLP on

In the hyper-connected era of smart manufacturing, accelerated by “Industry 4.0,” the manufacturing sector is undergoing a digital revolution. By leveraging technologies such as advanced automation, artificial intelligence,...more

White & Case LLP

Summary of FERC Meeting Agenda for July 2023

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Below are summaries of the agenda items for the Federal Energy Regulatory Commission's open meeting to be held on July 27, 2023, pursuant to the sunshine notice released on July 20, 2023....more

Troutman Pepper

FERC Issues Final Rule Establishing Incentive Rate Treatment for Eligible Cybersecurity Investments

Troutman Pepper on

Introduction - On April 21, pursuant to FPA Section 219A(c), the Federal Energy Regulatory Commission (FERC or Commission) established rules, providing incentive-based rate treatment for utilities making certain voluntary...more

Davis Wright Tremaine LLP

FERC Authorizes Targeted Utility Incentive Rate Options for Advanced Cybersecurity Investments

With Order No. 893, Commission Continues to Prioritize Regulations to Improve Electric Grid Reliability - Cyberattacks continue to threaten the reliability of the electric grid. In response to a congressional directive to...more

Morgan Lewis - Power & Pipes

FERC Approves Rate Incentives for Cybersecurity Investments

FERC has issued its final rule paving the way for incentive-based rate treatment for electric utilities that make certain voluntary cybersecurity investments. As we first noted in 2020 when describing the proposed rule, the...more

Akin Gump Strauss Hauer & Feld LLP

FERC Again Aims to Enhance Grid Reliability With Order Approving Incentive Rate Treatment for Cybersecurity Investments

For the fourth straight meeting of the Federal Energy Regulatory Commission (FERC) and the fourth since Willie L. Phillips was appointed its acting Chair, an order aimed at improving the reliability of the nation’s electric...more

White & Case LLP

Summary of FERC Meeting Agenda for April 2023

White & Case LLP on

Below are summaries of the agenda items for the Federal Energy Regulatory Commission's open meeting to be held on April 20, 2023, pursuant to the sunshine notice released on April 13, 2023....more

Troutman Pepper

FERC Approves Extending Risk Management Practices to Low-Impact Cyber Systems

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On March 16, 2023, FERC approved a new cybersecurity reliability standard, CIP-003-9 (along with associated violation risk factors and violation security levels), proposed by the North American Electric Reliability...more

Holland & Knight LLP

FERC Approves New Cybersecurity Standards for Low-Impact Electric Assets

Holland & Knight LLP on

At its open monthly meeting on March 16, 2023, the Federal Energy Regulatory Commission (FERC) approved a new cybersecurity standard proposed by the North American Electric Reliability Corporation (NERC) to address the supply...more

Perkins Coie

FERC Establishes New Monitoring Requirements for Bulk Electric Systems

Perkins Coie on

In late January, the Federal Energy Regulatory Commission (FERC) published a final rule directing the North American Electric Reliability Corporation (NERC) to develop and submit modified reliability standards for internal...more

Davis Wright Tremaine LLP

FERC Directs NERC to Study Bulk Electric System's Internal Cybersecurity Gaps

Continuing a recent trend in which the Federal Energy Regulatory Commission ("FERC") has been directing the North American Electric Reliability Corporation ("NERC") to improve or maintain the reliability of the nation's...more

Troutman Pepper

FERC Directs NERC to Develop Internal Network Security Monitoring for High and Medium Impact Bulk Electric System Cyber Systems

Troutman Pepper on

On January 19, 2023, the Commission issued a final rule that directs the North American Electric Reliability Corporation (“NERC”) to develop and submit reliability standards for monitoring high and medium impact bulk electric...more

Akin Gump Strauss Hauer & Feld LLP

FERC Directs NERC to Tighten Bulk Electric System Cybersecurity

On January 19, 2023, the Federal Energy Regulatory Commission (FERC or the “Commission”) issued a Final Rule directing the North American Electric Reliability Corporation (NERC) to file for FERC review new or modified...more

Holland & Knight LLP

New Regulatory Agenda Reveals Forthcoming Cybersecurity Regulations

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The Biden Administration released its Fall 2022 regulatory agenda (Regulatory Agenda) on Jan. 4, 2023. In it, the administration outlined regulations aimed at cybersecurity requirements for government contractors, the...more

Davis Wright Tremaine LLP

Carrot or Stick? FERC Grapples With How to Incentivize Electric Utility Cybersecurity Investments

The U.S. electric grid is a prime target for cyberattacks, including by both nation-state actors and organized crime. Electric utilities have been ahead of much of the rest of the energy sector in hardening their...more

Troutman Pepper

FERC Proposes to Offer Rate Incentives for Voluntary Cybersecurity Investment

Troutman Pepper on

Introduction On September 22, the Federal Energy Regulatory Commission (FERC or Commission) issued a Notice of Proposed Rulemaking to establish rules providing incentive-based rate treatment for utilities making certain...more

BCLP

FERC NOPR seeks comment on proposed ratemaking incentives for transmission owner cybersecurity investments and expenses

BCLP on

On September 22, 2022, the Federal Energy Regulatory Commission (FERC or Commission) issued a Notice of Proposed Rulemaking (2022 NOPR) setting forth proposed utility incentives for expenses and investments relating to...more

Akin Gump Strauss Hauer & Feld LLP

FERC Again Proposes Incentives for Voluntary Cybersecurity Investments

On September 22, 2022, the Federal Energy Regulatory Commission (FERC or the “Commission”) issued a Notice of Proposed Rulemaking (NOPR) proposing revisions to its regulations to establish rate incentives for public utilities...more

White & Case LLP

Summary of FERC Meeting Agenda for September 2022

White & Case LLP on

Electric - E-1 – Incentives for Advanced Cybersecurity Investment, Cybersecurity Incentives (Docket No. RM22-19-000 & RM21-3-000). On December 17, 2022, in Docket No. RM21-3-000, the Commission issued a Notice of Proposed...more

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