A diverse group of 11 energy industry associations representing oil, natural gas, wind, solar, efficiency, and other energy technologies today reacted to the Federal Energy Regulatory Commission (FERC) formal action on the Department of Energy’s (DOE) proposed rulemaking on grid resiliency pricing. In its order, FERC terminates the proceeding begun by the Notice of Proposed Rulemaking submitted by the Dept. of Energy, taking no action on the rule proposed by DOE, and then initiates a new proceeding, directing each RTO and ISO to submit information on “certain resilience issues and concerns” to enable the commission to “examine holistically the resilience of the bulk power system.” FERC specifies that “the goal of this proceeding is: (1) to develop a common understanding among the Commission, industry, and others of what resilience of the bulk power system means and requires; (2) to understand how each RTO and ISO assesses resilience in its geographic footprint; and (3) to use this information to evaluate whether additional Commission action regarding resilience is appropriate at this time.”
In reaction, the industry trade associations jointly issued the following statement:
“We are very encouraged by the action taken by FERC today. We look forward to engaging with FERC, DOE, and grid operators in an examination of what resilience of the electric power system means and requires, and to demonstrating the contribution of our industries to ensuring reliable power for all.”
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