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, and 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.