Today’s LiveWire Spotlight examines the feedback from Registered Entities, regulators, advocacy groups, PUCs, and the Trades to FERC’s proposal to incentivize utilities to invest in cyber security. The respondents offer the pros and cons of increasing the rate of return on equity for those who augment cyber security protections beyond that required by the CIP standards.
FERC is currently evaluating the responses to their Notice of Proposed Rulemaking regarding cyber security incentives. How they will react will determine how these incentives may be applied in BES applications over the next decade or so.