On June 26, FERC approved a new reliability standard (CIP-015-1) proposed by the North American Electric Reliability Corporation ("NERC") to enhance cybersecurity of the nation's bulk electric system ("BES"). In a related...more
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
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
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...more
Following significant pushback from the regulated community, FERC and NERC Staff jointly announced in a new white paper that filings and other submissions to FERC describing violations of cybersecurity reliability standards...more
The (“FERC” or “Commission”) recently issued an Order approving a request by the North American Electric Reliability Corporation (“NERC”) to defer the implementation of several Reliability Standards scheduled to take effect...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
The Federal Energy Regulatory Commission (FERC) announced on July 19, 2018, that it is directing the North American Electric Reliability Corporation (NERC) “to develop and submit modifications to the NERC Reliability...more
The Federal Energy Regulatory Commission (FERC) has directed the North American Electric Reliability Corporation (NERC) to revise its Reliability Standards to develop enhanced Cyber Security Incident reporting requirements....more
On October 2, 2017, the Federal Energy Regulatory Commission (the “Commission”) terminated its inquiry into the need for, and potential effects of, modifications to the North American Electric Reliability Corporation (NERC)...more
As Yogi Berra used to say: “It ain’t over till it’s over.” Coal plant operators shutting down their plants should remember this phrase. Even after they throw the breakers, go off the grid, are no longer contributing to the...more
On January 21, 2016, the Federal Energy Regulatory Commission (FERC or the “Commission”) issued Order No. 822, approving revisions to certain Critical Infrastructure Protection (CIP) standards developed (and primarily...more