How has NERCs role changed over the years?
Historically, NERC connected the various industry participants through a voluntary council. That changed with the passage of the U.S. Energy Policy Act of 2005, which called for the creation of an international “electricity reliability organization”. “EPAct” marked a fundamental shift in electricity regulation in the U.S. NERC is itself now an industry participant with a much larger role in improving and maintaining reliability, including the ability to enforce compliance with mandatory Reliability Standards.
