NERC's Standards Committee expects to have the latest version of the cold weather standard ready to post for a formal comment period by Jan. 27.

Citing a looming FERC deadline, NERC's Board of Trustees voted once again to sidestep the normal standards development process to accelerate development of the ERO's cold weather standard.

NERC has submitted for FERC's approval two standards that would require balancing authorities to perform regular energy reliability assessments.

FERC accepted NERC's five-year performance assessment while seeking comments on its proposal to adopt two standards related to inverter-based resources.

NERC's trustees took action on a number of standards items, along with multiple organizational items, in the last board meeting of 2024.

Industry groups sought flexibility from FERC in implementing new supply chain risk management rules, while one conservative group argued the commission should use its power to push the sector to use domestic supply chains.

NERC and the regional entities expressed support for FERC's cybersecurity proposals but reminded the commission of their already busy development cycle.

FERC said the North American Energy Standards Board's new standards will improve security and efficiency of public utilities.

A colder winter is likely to bring higher electricity demand and drive up natural gas prices, FERC staff said in the commission's annual winter energy market assessment.

NERC's Standards Committee passed a slate of actions in its monthly meeting.