On March 18, 2010, FERC adopted a Policy Statement on Penalty Guidelines for its enforcement program (“Policy Statement”), a Notice of Proposed Rule Making (“NOPR”), and a series of orders intended to address the reliability of the bulk power system.
NERC News
FERC Issues Order Approving $350,000 Fine against Florida Reliability Organization
By Troutman Pepper Locke on
Posted in Uncategorized
On March 5, 2010, FERC approved a settlement order under which the Florida Reliability Coordinating Council, Inc. (“FRCC”) will pay a $350,000 civil penalty for its part in the February 26, 2008 power outage in southeastern Florida. This is the first time that a regional reliability entity has been fined for violating a mandatory reliability standard.
Cauley Named NERC President and CEO
By Troutman Pepper Locke on
Posted in Uncategorized
On November 18, 2009, Gerry Cauley resigned as CEO of SERC Reliability Corporation and announced he was accepting the position of CEO and President of the North American Electric Reliability Corporation (“NERC”).
NERC Proposes Fines for Reliability Standard Violations
By Troutman Pepper Locke on
Posted in Uncategorized
On July 10, 2009, the North American Electric Reliability Corporation (“NERC”) filed with the Federal Energy Regulatory Commission (“FERC” or “Commission”) four notices of penalties with a proposed total of $75,000 in fines for violations of mandatory reliability standards. A fifth notice of violation did not include a financial penalty. All of the companies are also implementing mitigation plans.
NERC: Significant Changes Necessary to Reliably Integrate High Levels of Variable Resources
By Troutman Pepper Locke on
Posted in Uncategorized
On Wednesday, the NERC Integration of Variable Generation Task Force (“IVGTF”) released a special report (“IVGTF Report”) detailing significant changes for system planning and operations to reliably integrate high levels of variable resources into the North American bulk power system.
NERC Reacts to Grid Cyber Security Threats
By Troutman Pepper Locke on
Posted in Uncategorized
On April 8, 2009, the North American Electric Reliability Corporation (“NERC”) released a statement stating that although they are not aware of any known cyber attacks on the electric grid, cyber security is an area of concern for the organization. On the same day, the Wall Street Journal published an article finding breaches in the United States power grid by spies from China, Russia, and other countries.