FERC approved the third iteration of NERC's cold weather preparedness standard, while ordering follow-up informational filings through 2034 to check on its adoption.

Members of NERC's Standards Committee advanced multiple standards development projects at their quarterly in-person meeting, along with re-electing the chair and vice chair.

The month of May saw one spin event to PJM, a shared reserve event, three high-system-voltage actions and 24 post-contingency local load relief warnings, according to the RTO’s monthly operating metrics.

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.

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.

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.