Statement on FERC's January Open Meeting
WASHINGTON, D.C. – The Federal Energy Regulatory Commission took action on several items related to reliability at its monthly open meeting on Thursday.
FERC issued a final rule approving proposed Reliability Standard BAL-002-2 — Disturbance Control Performance - Contingency Reserve for Recovery from a Balancing Contingency Event, which clarifies specific timelines for recovery, sets continent-wide requirements for events that impact frequency, and streamlines requirements. The order directs NERC to develop modifications to the standard to address concerns regarding extensions of the 15-minute period for Area Control Error recovery and contingency reserve restoration and to collect data and conduct additional research.
FERC also issued a notice of proposed rulemaking for Reliability Standard PRC-012-2 – Remedial Action Schemes, which is intended to ensure that remedial action schemes do not introduce unintentional or unacceptable reliability risks to the Bulk Electric System.
NERC will review the final rule and the notice of proposed rulemaking and take appropriate action. NERC and industry have made security a priority and will continue the work toward assuring the reliability of the North American bulk power system.