WAKE FOREST, N.C.--(BUSINESS WIRE)--PowerSecure International, Inc. (NYSE: POWR) today announced that its Encari division has developed and launched comprehensive indices of topics related to the version five North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) Cyber Security Standards in order to assist utilities in understanding and complying with these important and complex new cyber security requirements.
The recently issued fifth version of the CIP Reliability Standards from the Federal Regulatory Energy Commission (FERC) and NERC address the cyber security of the bulk electric system, adopt new cyber security controls and extend the scope of the systems that are to be protected by the CIP Reliability Standards. The new standards significantly increase the compliance requirements for utilities, electric cooperatives and municipal power providers.
PowerSecure's Encari helps large investor-owned generation and transmission utilities, municipalities and cooperative utilities assess, enhance and maintain their compliance with NERC’s CIP Cyber Security Standards. Utilities must comply with these standards or they could be subject to significant fines and penalties.
“We know from our experience working closely with utility partners across our business that compliance with these detailed cyber security standards to ensure the safety and reliability of the country’s electric grid is a top priority for utilities,” said Sidney Hinton, chief executive officer of PowerSecure.
“As the leaders in the industry, we have tapped our deep understanding of the complex technical requirements for the cyber security of the grid and the practical needs of our utility partners to develop valuable new indices to assist our utility customers in understanding them and establishing and maintaining the necessary NERC CIP compliance programs,” Hinton added.
One of the indices is geared specifically towards assisting senior managers, per the CIP-002-5 R3 compliance requirement, navigate the version five standards while the other index may be used by all others fulfilling various NERC CIP compliance management roles.
PowerSecure International, Inc. is a leading provider of utility and energy technologies to electric utilities, and their industrial, institutional and commercial customers. PowerSecure provides products and services in the areas of Interactive Distributed Generation ® (IDG®), energy efficiency and utility infrastructure. The company is a pioneer in developing IDG® power systems with sophisticated smart grid capabilities, including the ability to 1) forecast electricity demand and electronically deploy the systems to deliver more efficient, and environmentally friendly, power at peak power times, 2) provide utilities with dedicated electric power generation capacity to utilize for demand response purposes and 3) provide customers with the most dependable standby power in the industry.
Its proprietary distributed generation system designs utilize a range of technologies to deliver power, including renewables. The company’s energy efficiency products and services include energy efficient lighting solutions that utilize LED technologies to improve lighting quality, and the design, installation and maintenance of energy conservation measures which we offer, primarily as a subcontractor, to large energy service company providers, called ESCOs, for the benefit of commercial, industrial and institutional customers as end users. PowerSecure also provides electric utilities with transmission and distribution infrastructure maintenance and construction services, and engineering and regulatory consulting services. Additional information is available at www.powersecure.com.
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