Today’s LiveWire Spotlight examines NERC’s August 2022 Risk Registry Report; the latest snapshot of the current and projected threats facing the Bulk Power System and the tasks that NERC is undertaking to mitigate them. The database presently consists of fifty-eight mandatory and voluntary tasks arranged under the four RISC Profiles (Grid Transformation, Extreme Events, Security Risks, and Critical Infrastructure Interdependencies).
In their August presentation of the Risk Registry Report to the Board of Trustees, NERC stated that the database is evolving into a key project/resource management tool. It is also driving the deployment of task effectiveness metrics – another sign of its rising importance.