In this
article, the Federal Energy Regulatory Commission (FERC) has initiated several
steps to ease the regulatory burdens within the energy industry during the
COVID-19 pandemic. One of the actions taken was moving most FERC employees to
telework status, technical and settlement conferences will be moving to
video conferencing.
FERC
has been communicating with North American Electric Reliability Corporation and
the Independent System Operator (ISO) and Regional Transmission Organization
(RTO) and does not expect the crisis to impact the reliability of the bulk
electric system.
As the
FERC’s actions have been primarily concerned with easing regulatory burdens in
the energy industry, it provides little relief to the financial and commercial
sectors which are expected to be significantly impacted. Read more here.