EOP
NERC answered several objections raised by a nonprofit group in reaction to the ERO's proposed cold weather standard.
A NERC manager emphasized that the ERO's new compliance abeyance policy is meant to be used only in rare circumstances.
NERC's Standards Committee agreed to post several standards projects for industry comment, though members expressed concern about a plan to compress their timelines.
After invoking its Section 321 authority to streamline the normal stakeholder process, NERC's Board of Trustees voted to submit a new cold weather standard to FERC for approval.
NERC's Standards Committee heard an update on the progress of the ERO's cold weather standard and efforts to develop guidance for trustees' next invocation of Section 321.
Industry commenters mostly supported NERC's draft cold weather standard, but several called for further revisions.
NERC's chair and CEO touted the ERO's work across borders in a Board of Trustees meeting that featured leadership turnover and an initiative to remake the standards development process.
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.
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.
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