FERC Approves Hydrogen Storage Project and Proposes New Cybersecurity Standards in Mississippi
Key Ideas
  • The Federal Energy Regulatory Commission (FERC) approved a hydrogen storage project in Mississippi.
  • FERC is proposing new cybersecurity standards to protect grid systems from cyber attacks, including supply chain risk assessments and expanded network security monitoring.
  • The proposed standards aim to enhance protection for utilities and address cybersecurity challenges in a timely manner, as highlighted by Chairman Willie Phillips.
The Federal Energy Regulatory Commission's (FERC) three newest members have contributed to the approval of a hydrogen storage project in Mississippi. In addition, FERC has proposed new cybersecurity standards aimed at enhancing the protection of grid systems from cyber attacks. These standards would require the North American Electric Reliability Corporation to document, track, and mitigate supply chain risks related to grid cybersecurity systems and certain products classified as protected cyber assets. Chairman Willie Phillips emphasized the importance of these proposed standards, especially in the current global context, during a press conference. The expansion of internal network security monitoring and the extension of existing protections for utilities are key components of FERC's cybersecurity initiatives. Overall, the approval of the hydrogen storage project and the proposal of new cybersecurity standards demonstrate FERC's commitment to advancing energy infrastructure while addressing critical cybersecurity challenges in the sector.
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