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FERC Approves Financing for ERO SEL

On June 22, 2020, in Docket No. RR19-8-001, FERC issued a letter order approving NERC’s request to expend up to $3.8 million to fund the development of the Electric Reliability Organization Enterprise Secure Evidence Locker (ERO SEL). The order approves NERC’s proposal to fund the $3.8 million from $1.8 million of its operating contingency reserves and $2.0 million through debt financing.

To view FERC’s order, click here.