On March 7, 2014, the Federal Energy Regulatory Commission (“FERC”) directed the North American Electric Reliability Council (“NERC”) to develop new standards for the protection of critical elements of the bulk-power system from physical attacks.  In recent years there has been considerable attention paid to the potential for cyber-attacks against the transmission grid.  Following

FERC has proposed to approve new reliability rules to mitigate the effects of geomagnetic disturbances on the bulk power system.  Geomagnetic disturbances (GMD) are caused by solar events and result in distortions to the earth’s magnetic field.  These disturbances have the potential to cause the sudden collapse of the bulk power system.

FERC oversees reliability