The new NERC BAL-007-1 compliance requirements go into effect on April 1st, 2027.NERC BAL-007-1

R1.  BAs must document study assumptions, duration, and frequency for running Near-Term ERAs.R2. BAs must document a set of Near-Term ERA Scenarios to study.R3. BAs must document Operating Plan(s) to implement in response to and notify RC of Near-Term ERA's forecasted EEAs.R4. BAs must perform Near-Term ERAs documented in R1 & R2.       R5. BAs must implement its Operating Plan(s) Documented in R3 when Near-Term ERAs forecast EEA2 or EEA3.R6. BAs must review, update, and (if needed) provide its RC with their Near-Term ERA process, Scenarios, and Operating Plan(s) least once every 24 calendar months.FAQs are a great way to help site visitors find quick answers to common questions about your business and create a better navigation experience.BAL-007-1 Standard

Noncompliance may result in fines of up to $443,038 per compliance gap.NERC Compliance Penalties