NERC & FERC Reliability Compliance, April 20-21

Today, NERC’s standards are mandatory and enforceable throughout the 50 United States and several provinces in Canada. These standards define over 850 enforceable requirements and measures, with more than a thousand requirements to manage across all functions. The process of accurately documenting business critical reliability compliance information, staying abreast of the evolving compliance guidelines and the related approval processes place additional demands upon employees and executives across these organizations.  Entities in the U.S. found to be in violation of a standard can be subject to fines of up to $1 million per day per violation.   With recent audit deadlines of FERC and NERC guidelines, regulatory compliance has become an even more critical focus for utility companies. 

The marcus evans 2nd Annual NERC & FERC Reliability Compliance event will focus specifically on the compliance audit process and the readiness assessments necessary in preparation for the audit and more importantly on how to build your compliance program post-audit.  Documentation retention and management will also be a key focus as this is a major process not just within the NERC and FERC compliance process but also as it relates to the corporate compliance framework.   Discussions will be held on having a robust compliance program and how to effectively integrate CIP in the overall compliance program and its importance to maintaining reliability in the bulk grid. As these companies, operate in a highly competitive environment it is important to ask; Are you advancing your program to not only maintain operational compliance and a competitive advantage but also can the company’s reliability compliance program stand up to the rigorous emerging regulations and standards.

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