FERC approves streamlined NERC “Find, Fix, Track” enforcement process

On 15 March 2012, the Federal Energy Regulatory Commission (FERC) approved the North American Electric Reliability Corporation’s (NERC’s) proposal to make informational filings for lesser-risk, remediated “possible violations” of the Reliability Standards, subject to a number conditions. Under the so-called “Find, Fix, Track and Report” (FFT) initiative, NERC is now authorized to make streamlined informational filings for certain “potential violations” that NERC finds constitute a “lesser risk” to the reliability of the Bulk Power System (BPS).

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