FERC updates power grid info rules, seeks quick comments
Published Date: 4/11/2025
Notice
Summary
FERC is updating its rules that help keep our power grid reliable and safe. These changes affect companies that manage big parts of the electric system, asking them to provide new info by June 10, 2025. The goal? Make sure the lights stay on without adding extra costs or paperwork headaches.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Balancing Authorities must do Near‑Term ERAs
NERC's proposed Reliability Standard BAL-007-1 would require 97 balancing authorities to perform Near-Term Energy Reliability Assessments (Near‑Term ERAs) and maintain operating plans annually. FERC estimates this imposes 24 hours per balancing authority at $70.67/hour, for a total annual burden of 2,328 hours and $164,519.76.
Authority to collect data and annual data burden
Proposed Reliability Standard TOP-003-7 would give the 97 balancing authorities specific authority to collect the data needed to perform Near‑Term ERAs and requires annual review/record retention of that data. FERC estimates 4 hours per balancing authority at $70.67/hour, totaling 388 hours and $27,419.96 annually across the 97 entities.
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Key Dates
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