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Third North Carolina Power Substation Targeted by Gunfire as BPS Physical Security Concerns Mount

A third power substation has been damaged by gunfire in North Carolina, prompting an FBI investigation. The incident on Jan. 17 is part of a spate of gunfire vandalism that…


Bulk Power System Deficiencies During Winter Storm Elliot Prompt Inquiries

Assessments are underway to pin down factors that prompted emergencies, tight grid conditions, and even load-shedding by major entities as Winter Storm Elliot bore down on the North American bulk…


FERC: Investors with Utility Board Members are Affiliates

Building on analysis in its February 2021 Public Citizen, Inc. v. Centerpoint Energy, Inc. opinion, the Federal Energy Regulatory Commission (FERC) recently issued decisions in Evergy Kansas, Inc. (Evergy) and…


Are PJM’s Plunging Capacity Prices a Harbinger of Power Markets’ Demise?

Few observers outside the electric utility industry understand the U.S. power grid, often called the world’s largest machine. It’s three grids, actually—the Eastern Interconnect, the Western Interconnect, and the Texas…


Goldman Sachs Stake in Fortress Underscores Supply Chain Cybersecurity Priority

A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities…