Examples of NERC Reliability Standards in a sentence
Registered Entity - The entity registered under the NERC Functional Model and NERC Rules of Procedures for the purpose of compliance with NERC Reliability Standards and responsible for carrying out the tasks within a NERC function without regard to whether a task or tasks are performed by another entity pursuant to the terms of the ISO’s Tariffs and ISO Related Agreements.
NERC Reliability Standards - Those standards that have been developed by NERC and approved by FERC to ensure the reliability of the bulk power system.
Under the NERC Functional Model and the NERC Rules of Procedure, Registered Entities within a specific function may be assessed penalties by FERC, NERC, and/or NPCC for violations of NERC Reliability Standards.
The purpose of this schedule is to allow for cost allocation; nothing in this schedule is intended to affect the obligations of Registered Entities for compliance with NERC Reliability Standards.
Buyer’s cooperation will include providing to Seller, or such other Person as Seller designates in writing, information in Buyer’s possession that Buyer as Scheduling Coordinator has provided to the CAISO related to the Generating Facility or actions that Buyer has taken as Scheduling Coordinator related to Seller’s compliance with the NERC Reliability Standards referenced above (e.g., Seller’s notices and updates provided by Buyer to the CAISO via SLIC).