On October 20, 2010, The Federal Energy Regulatory Commission ( FERC ) took the first steps in starting a formal rulemaking proceeding involving the five groups of smart grid standards identified by the National Institute of Standards and Technology ( NIST ) as ready for consideration.The NIST standards are the first of what may be several hundred more to be identified for FERC consideration in the coming years. NIST handed off the first standards to FERC under Section 1305 of the Energy Independence and Security Act of 2007 ( EISA ...