Enforcing 'Find, Fix, Track And Report' Compliance

Law360, New York (October 20, 2011, 4:25 PM EDT) -- On Sept. 30, 2011, the North American Electric Reliability Corporation filed a petition with the Federal Energy Regulatory Commission requesting that FERC approve new enforcement mechanisms for addressing potential violations of mandatory electric Reliability Standards[1].

Among other things, NERC proposes to utilize a "find, fix, track and report" (FFT) compliance enforcement mechanism for potential violations that pose minimal or moderate risks to the bulk power system (BPS). NERC is encouraging parties to file comments on the proposal, which are due to FERC by Oct. 21, 2011....
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