The North American Electric Reliability Corporation (“NERC”) is developing an expansion of its registration requirements to include certain owners and operators of inverter-based resources by creating a new registered entity function, called the “GO-IBR.”
On February 16, 2023, the Federal Energy Regulatory Commission (“FERC”) issued an order approving two extreme cold weather reliability standards: EOP-011-3 (Emergency Operations) and EOP-012-1 (Extreme Cold Weather Preparedness and Operations) proposed by the North American Electric Reliability Corporation (“NERC”), subject to modification.[1] The approved Reliability Standards help to maintain reliable operation of the Bulk Power System by ensuring that enough generating units will be available during a cold weather event. According to FERC, the proposed Reliability Standards EOP-011-3 and EOP-012-1 are improvements to the existing Reliability Standards, but NERC must address additional concerns such as ambiguity, applicability, and compliance timelines. NERC is directed to submit modifications within twelve months.
As the cold weather season approaches, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) are taking action to prevent a repeat of the devastating electric power outages that rocked Texas and the Midwest at the beginning of this year.
In February 2021, electric power generators and millions of customers