FERC Announces Workshop on Energy Supply Chain Risk Management
Published Date: 2/28/2025
Notice
Summary
The Federal Energy Regulatory Commission is hosting a workshop on March 20, 2025, to talk about improving how companies check their supply chain info, especially from vendors. This affects energy companies that rely on software, hardware, or services from outside suppliers. They want to make sure the info is accurate to spot risks better, and comments on the plan are due by March 28, 2025.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Require vendors' information be validated
If your energy company relies on outside software, hardware, or services, the Commission proposed requiring you to add steps in your supply chain risk management (SCRM) plan to validate the completeness and accuracy of information received from vendors. FERC and NERC will hold a workshop on March 20, 2025 (1 p.m. to 5 p.m.), and written comments are due March 28, 2025.
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