The Federal Energy Regulatory Commission (FERC) has proposed changes to improve the operations of the Electric Reliability Organization (ERO), which oversees the reliability of the Bulk Power System. Under the new proposal, the ERO would need to submit performance assessments every three years instead of every five years, ensuring more timely reviews. FERC also suggests including more detailed discussions in these assessments and setting up a formal public comment period for stakeholders to provide suggestions. These changes aim to enhance the effectiveness of the ERO and adapt to the rapid changes in the electric industry.
Simple Explanation
The government wants the people who make sure our electricity stays on to check their work more often, every three years instead of five, and ask people for ideas on doing a better job. They're doing this because they want to make sure our power stays reliable as things change.