Texas RE
FERC has corrected an “incorrect statement” by making a small modification to its annual Winter Energy Market and Reliability Assessment issued last week.
Texas RE knocked a registered entity for violating NERC’s facility ratings standards, assessing a $105,000 penalty in a settlement with Buffalo Gap Wind Farm.
ERCOT staff and regulators agreed that the electricity and gas industries are adding weatherization standards to address the 2021 severe winter storm.
NERC hasn't yet issued its annual Winter Reliability Assessment, but it's clear that it is concerned about the electric industry’s readiness for severe weather.
Occidental Power Services’ Venona Greaff told Texas RE that the industry's new cold weather standard is on track to be approved in October.
A joint report by NERC and the Texas Reliability Entity shared lessons learned from a disturbance to ERCOT’s wind generation fleet earlier this year.
Philipp Michel Reichold, CC BY-SA 3.0, via Wikimedia Commons
FERC approved settlements in SERC, Texas RE and ReliabilityFirst for violations of NERC's facility ratings standards stretching back to 2007.
Staff from Texas RE warned utilities not to wait on setting up a plan for compliance with NERC's new critical infrastructure protection standards.
NERC and the regional entities said the ongoing shutdown of business travel and remote work postures from COVID-19 helped fuel budget savings in 2021.
Finance officers across the ERO Enterprise said that inflation and cybersecurity investments will be major drivers of budget increases in 2023.
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