Today’s LiveWire Spotlight evaluates NERC’s 2018 Business Plan and Budget, their annual review of the initiatives they will take on requiring funding; i.e.; standards development, compliance, events analysis, enforcement, performance management, certification, and training. NERC projects their 2018 capital and expense budget at $73 million, an increase of $3.5 million from 2017 – driven primarily by cyber security-related headcount and consulting.
NERC’s 2018 Business Plan and Budget were approved by the Board of Trustees at their meeting earlier this month. It has been sent to FERC for approval, which is expected to take place during the fourth Quarter of 2017.