New FERC Standards Aim To Keep The Lights On

Law360, New York (January 4, 2008, 12:00 AM EST) -- The Federal Energy Regulatory Commission has approved three new reliability standards aimed at ensuring the reliability of the U.S. bulk power electricity market and preventing a repeat of the August 2003 blackout that knocked out power to more than 40 million people.

The standards were originally proposed by the North American Electric Reliability Corp. and then approved by FERC on Dec. 20. NERC, as the nonprofit is known, was named the electric reliability organization for the entire country in July 2006, giving it oversight and regulatory...
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