2020 RRS Annual Assessment

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Reliability Risk The Reliability Risk Working Group (RRWG) works to identify, analyze, and prioritize Regional risks and educate SERC members on these risks. The RRWG also provides input to SERC’s Compliance Monitoring and Enforcement Program (CMEP) Implementation Plan. The RRWG finalized the top risks for the areas of engineering, operations, and critical infrastructure protection for 2020. Table lists the top 3 risks from each of the standing committees, but this document is primarily concerned with the top 3 from the engineering committee. The individual technical committee assigns these risks to appropriate subgroups to develop the mitigation plans and address the identified risks. The mitigation plans are detailed in the RRWG annual report. The RRWG publishes an annual report and risk registry (RRWG Annual Report), which is posted on the SERC website under RRWG committee and can be accessed there.

Table 3: 2020 Ranked Regional Risk Elements Regional Risk Elements Engineering Risks Operational Risks

Critical Infrastructure Protection (CIP) Risks Cybersecurity threats result from exploitation of both external and internal vulnerabilities

Variable Energy Resources integration

Extreme Weather

Resource uncertainty/changing mix along with generation retirements.

Resource uncertainty/changing mix along with generation retirements. Fuel Diversity/Fuel Availability

Technologies and services

Generation and Transmission Modeling

The rapid growth in sophistication and widespread availability of tools and processes designed to exploit vulnerabilities and weaknesses in BPS technologies and in connected IT networks and systems.

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