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
On February 16, 2023, the Federal Energy Regulatory Commission (FERC or the “Commission”) issued an order approving two new extreme cold weather reliability standards for generation resources proposed by the North American...more
The Federal Energy Regulatory Commission (FERC) is tasked with keeping our electric grid safe and maintaining reliable and secure energy for U.S. consumers. ...more
In October 2021, Federal Energy Regulatory Commission (FERC) staff issued its annual report on “recommendations to help users, owners and operators of the bulk-power system improve their compliance with the [North American...more
After severe winter weather forced Texas into experiencing power outages and rolling blackouts, there will likely be resulting federal and state investigations into the outages, federal investigations into commodity and...more
On September 23, 2020, staff from the North American Electric Reliability Corporation (“NERC”) and FERC (collectively, “Joint Staff”) issued a second joint white paper that reversed previous recommendations regarding publicly...more
On September 17, 2020, FERC issued a Notice of Inquiry (“NOI”) seeking comments on strategies to mitigate any potential risks to the bulk electric system posed by telecommunications equipment and services produced or provided...more
Following the increased spread of COVID-19 within the United States, the North American Electric Reliability Corporation (NERC) issued a Level 2 Alert on March 10 to all users, owners, and operators of the bulk-power system,...more
FERC and NERC’s joint proposal to name and shame violators of Critical Infrastructure Protection Reliability Standards underscores the importance for electric utilities to have insurance coverage for cyberattacks. The staffs...more
• New Federal Energy Regulatory Commission (FERC) rule mandates new wide-ranging cybersecurity reporting standards in CIP 008-6. • Mandatory reporting is now required for "cyber security incidents that either compromise, or...more