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FERC, CFTC, and State Energy Law Developments
FERC has approved a new Reliability Standard to address Geomagnetic Disturbances (GMDs).
New proposals aim to reduce regulatory burden on generation developers.
On March 20, 2014, FERC approved a proposal By the North American Electric Reliability Corporation (NERC) to revise the definition of bulk electric system (BES), finding that the proposed definition improves reliability By focusing on core facilities that present the greatest risks of reliability failure.