26 Feb 2025
⚡New Reliability Standards for Inverter-Based Resources Impact Businesses
In Reply Refer To: North American Electric Reliability Corporation
Summary
The Federal Energy Regulatory Commission approved new Reliability Standards affecting inverter-based resources (IBRs) to enhance disturbance monitoring and reporting. The changes mandate generator owners to implement data collection mechanisms to ensure system reliability and facilitate compliance, impacting business operations within the electric power sector.
Agencies
- Energy Department
- Federal Energy Regulatory Commission
Business Impact
$$$ - High
The regulatory text involves compliance with new Reliability Standards for inverter-based resources (IBRs), which require generator owners to implement monitoring and reporting mechanisms. This introduces financial implications related to operational costs and compliance efforts for businesses in the electric power sector.