NERC

An unprecedented array of risks—ranging from capacity shortfalls, extreme weather, extended drought, supply chain issues, cybersecurity, solar PV tripping, fuel constraints, to wildfires—could imperil the reliability of nearly every North American bulk power system (BPS) region west of the Midcontinent Independent System Operator (MISO) this summer, the North American Electric Reliability Corp. (NERC) warned in […]

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 within the investor community. Fortress, which announced the investment from Goldman Sachs Asset Management Private Equity on April 19, said it also highlights a wider […]

The power and energy sector is one of the most critical areas of our country’s infrastructure, making it a prime target for cybercriminals increasingly looking for ways to infiltrate and disrupt the sector and ultimately the national grid. In fact, the U.S. Government Accountability Office (GAO) released a report in early 2021 that found the […]

New England faces a precarious fuel supply risk that could necessitate emergency actions if a severe prolonged cold snap hits the region this winter, ISO New England (ISO-NE) has warned.  The regional grid operator expects power demand will peak at 19,710 MW during average winter weather conditions of 10F, but if temperatures plunge below 5F, […]

The U.S. Energy Information Administration (EIA) recently said it expected coal-fired power generation in 2021 to be 22% higher than in 2020, producing the first year-over-year increase in U.S. electricity generation from coal since 2014. That higher generation, though, has reduced inventories of coal at the nation’s power plants, with EIA on Dec. 7 reporting […]

The North American Electric Reliability Corp. (NERC) is warning that much of the central U.S.—a region that stretches from the Great Lakes into southern Texas—may face critical power deficiencies during extreme winter weather conditions over the next three months. Natural gas supply disruptions and low hydropower conditions could also imperil power reliability in New England […]

The rapidly spreading Bootleg Fire tripped off transmission lines that transport power from the Pacific Northwest to California and other states over the weekend, prompting the California Independent System Operator (ISO) to issue another Flex Alert—the sixth such conservation notification this summer. According to the state’s Incident Information System, the intense fire in Southern-Central Oregon […]

Utilities across the Pacific Northwest are bracing for exceptional stress on the grid as record-breaking temperatures continue to fester across the region, and at least one utility—Avista Corp.—this week began rolling outages as a measure to alleviate strain on the electric system. Despite pleas to customers to reduce their power consumption, Avista, which supplies power […]

The way we generate and distribute electricity has become a Rubik’s cube for power companies, regulators, and consumers. The need to reduce carbon emissions linked to climate change by investing in renewables is acknowledged by most experts. At the same time, recent unusual weather events have demonstrated that there is also an urgent need to […]

The North American Electric Reliability Corp. (NERC) is warning that large swathes of the North American bulk power system (BPS) could face “elevated risks” of energy shortfalls this summer, especially if temperatures surge beyond normal peaks. But in California, risks are even more pronounced, owing to its reliance on imports to offset falling solar PV […]