What did NERC do to assume its new role?
Many aspects of NERC’s traditional operations provided a solid foundation upon which to build the new NERC. These included its governance by an independent board of trustees, an open and balanced standards development process, an effective program of monitoring and enforcing compliance with standards, technical excellence, an established ability to oversee regional reliability programs, and a philosophy of including stakeholders in regular operations and decision-making. NERC has worked very hard over the past few years to transform itself into the strong, independent organization authorized by the legislation. At every step of the way, NERC consulted with industry stakeholders to ensure all views were considered fully, to achieve the greatest level of consensus possible, and to engender the trust and confidence of regulators, industry and the public. In its application to FERC to be named the “electricity reliability organization”, NERC defined its proposed structure, governance and o
