Topic:"Capital Expenditures" in M12436

M12436 - North American Electric Reliability Corporation (NERC) - Second Quarter 2025 - Application for Approval of Reliability Standards The Board reviewed the following filing from the North American Electric Reliability Corporation (NER...

AI summary The Board reviewed NERC's application for approval of revised Reliability Standards, specifically CIP-015-1, which focuses on cybersecurity. NS Power indicated that compliance will require capital project support and recommended approval of the standards. Section 67(2) of the More Access to Energy Act requires the Board to consider reliability standards before approval.

itoring tools, documentation, and processes. A project will be submitted to the NSEB when appropriate and may include other NERC standards that require project support to be implemented[.3](#page-2-0) CIP-015-1 will require a capital proje...

AI summary NS Power outlines the need for capital projects to comply with various NERC reliability standards, including CIP-015-1, and estimates a total cost of approximately $4.5M. These projects will be submitted to the NSEB for approval, with the prudency and reasonableness of the investments to be examined by the Board.