If compliance with the North American Electric Reliability Corp. (NERC) Reliability Standards wasn’t complex enough, registered utilities must also factor in the regulatory nuances of the bulk power system’s (BPS) eight regional entities (RE), even as NERC emerges with new risk management expectations. Although there is plenty of regulatory—and physical—overlap amongst the eight REs, it is essential for utilities to understand where they fit in the puzzle.

Clear away the fog, and one fact comes into view: Solid record-keeping and document management are central to meeting NERC’s evolving risk-based approach to compliance monitoring and enforcement.

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