FERC Proposes Incentive-Based Rate Treatment for Cybersecurity Investments
By EsqSocial Corporation 28/12/20
On Thursday, December 17, 2020, the Federal Energy Regulatory Commission (“FERC”) issued a Notice of Proposed Rulemaking (“NOPR” or “Proposed Rule”) seeking comment on proposals that would allow public utilities to make a filing pursuant to Section 205 of the Federal Power Act (“FPA”) to seek incentive-based rate treatment for certain cybersecurity investments made to improve the security of the Bulk-Power System (“BPS”). The NOPR follows a white paper published by FERC staff in June 2020, which...
By: Bracewell LLP