Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

U.S. power grid needs to focus on resilience as extreme weather events rise- NERC

Published 21/07/2022, 12:06 am
© Reuters. FILE PHOTO: Power lines are seen during a heat wave with expected temperatures of 102 F (39 C) in Dallas, Texas, U.S. June 12, 2022. REUTERS/Shelby Tauber//
EXTR
-

(Reuters) - The North American Electric Reliability Corp (NERC) on Wednesday said key entities of the U.S. power grid network were working to improve resilience of the power grid network as climate change drives more extreme weather.

The NERC's "2022 State of Reliability" report said efforts were being made to improve the linkage between outages and weather by the Enterprise Electric Reliability Organization (ERO).

The ERO is made up of the NERC and six regional power entities.

The U.S. power grid network is also implementing corrective action to avoid a repeat of widespread outages due to a cold snap last year.

"The February cold weather event demonstrated that a significant portion of the generation fleet in the impacted areas was unable to supply electrical energy during extreme cold weather," the NERC's report said.

These actions, based on recommendations by the Federal Energy Regulatory Commission (FERC) and NERC among others, would also help to develop standards for longer term grid planning, the NERC said.

The report also highlighted the growing risks from the inter-dependency of electricity and the natural gas industries, which has threatened the reliability of the Bulk Electric System in the past few years. The Bulk Electric System refers to the facilities needed to operate the electric energy transmission network, excluding local distribution.

Natural gas generators are now needed for the reliable integration of renewable power until new storage technology is fully developed and implemented at scale, the NERC said.

© Reuters. FILE PHOTO: Power lines are seen during a heat wave with expected temperatures of 102 F (39 C) in Dallas, Texas, U.S. June 12, 2022. REUTERS/Shelby Tauber//

"At the same time, reliable electric power supply is often required to ensure uninterrupted delivery of natural gas to these balancing resources, particularly in areas where penetration levels of renewable generation resources are highest."

The NERC report also flagged risks from geopolitical events, while "increasingly bold cyber criminals and hacktivists presented serious challenges to the reliability" of the bulk electric system.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.