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COURSE NERC RISK BASED COMPLIANCE (RBC): IMPLEMENTING THE RESULTS OF RAI August 6, 2015, Millennium Knickerbocker Hotel Chicago, IL EPCI is authorized by FACET to offer 0.8 Zeus for the course. 1

How to fill out nerc risk based compliance

How to fill out NERC risk based compliance:

1. Review the NERC risk based compliance guidelines and requirements thoroughly to understand the specific obligations and responsibilities outlined.
2. Identify the applicable assets and systems within your organization that fall under NERC jurisdiction for compliance.
3. Conduct a comprehensive risk assessment to identify potential vulnerabilities, threats, and impacts to the reliability of the bulk power system.
4. Develop and implement risk mitigation measures to address the identified risks and vulnerabilities.
5. Establish and document processes and procedures for monitoring, reviewing, and updating the risk mitigation measures on an ongoing basis.
6. Keep detailed records of compliance activities, including evidence of risk assessments, mitigation measures, and regular reviews.
7. Prepare and submit the necessary compliance reports and documentation to the appropriate regulatory authorities as required.
8. Regularly review and evaluate the effectiveness of the implemented risk mitigation measures to ensure ongoing compliance and identify any necessary improvements or updates.

Who needs NERC risk based compliance:

1. Electric utilities and power generators: These entities are subject to NERC's compliance requirements due to their significant involvement and responsibility in the operation and maintenance of the bulk power system.
2. Transmission and distribution operators: Companies that own and operate high-voltage electric transmission lines and distribution systems are also obligated to comply with NERC's risk based compliance standards to ensure the reliability of the grid.
3. Regional reliability organizations: These entities are responsible for overseeing compliance and enforcing NERC's standards within their respective regions, ensuring that all relevant entities comply with the risk based compliance requirements.

For pdfFiller’s FAQs

What is nerc risk based compliance?

NERC risk based compliance refers to the process of complying with regulations set by the North American Electric Reliability Corporation based on risk assessment.

Who is required to file nerc risk based compliance?

Entities that are registered with NERC and fall under the jurisdiction of the Federal Energy Regulatory Commission (FERC) are required to file NERC risk based compliance.

How to fill out nerc risk based compliance?

NERC risk based compliance can be filled out by submitting relevant documentation and reports through the NERC Compliance Monitoring and Enforcement Program (CMEP) portal.

What is the purpose of nerc risk based compliance?

The purpose of NERC risk based compliance is to ensure the reliability and security of the North American bulk power system by assessing and mitigating risks.

What information must be reported on nerc risk based compliance?

Entities must report information related to their risk assessment methodologies, mitigation strategies, compliance activities, and any identified vulnerabilities.

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