NERC - North American Electric Reliability Corporation

15/08/2024 | Press release | Distributed by Public on 15/08/2024 20:57

Board Invokes Special Standards Authority for First Time; Approves 2025 Business Plan and Budgets

VANCOUVER, Canada- Key topics at the Board of Trustees meeting included approval of the ERO Enterprise's 2025 Business Plan and Budgets, a progress report on 2024 work plan priorities, and the decision to invoke the Board's long-standing special standards authority under Section 321 of the NERC's Rules of Procedure to address a critical and rapidly growing risk to reliability of the bulk power system and a Federal Energy Regulatory Commission directive regarding inverter-based resource (IBR) performance.

NERC President and Chief Executive Officer (CEO) Jim Robb welcomed attendees to Vancouver, commending the decades of North American collaboration and partnership.

"Our annual meeting in Canada recognizes the interconnectedness of our bulk power system, which was powerfully evident 21 years ago this week when more than 50 million people in the Northeast United States and Canada experienced the largest blackout in North America," Robb said. "The 2003 blackout was a reminder that reliability requires strong collaboration across national borders. Two decades later, I'm amazed at all we've accomplished together - and what we will continue to accomplish."

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