The North American Electric Reliability Corporation is a not-for-profit entity whose mission is to ensure the reliability of the Bulk-Power System in North America. NERC develops and enforces Reliability Standards; annually assesses seasonal and long-term reliability; monitors the Bulk-Power System through system awareness; and educates, trains and certifies industry personnel. As the electric reliability organization, NERC is subject to oversight by the Federal Energy Regulatory Commission and is under similar obligations in Canada, as well as a portion of Baja California Norte, Mexico.
The ERO’s key programs, which impact more than 1,900 Bulk-Power System owners and operators, are based on four pillars of continued success:
· Reliability – to address events and identifiable risks, thereby improving the reliability of the Bulk-Power System.
· Assurance – to provide assurance to the public, industry and government for the reliable performance of the Bulk-Power System.
· Learning – to promote learning and continuous improvement of operations and adapt to lessons learned for improvement of Bulk-Power System reliability.
· Risk-Based Approach – to focus attention, resources and actions on issues most important to Bulk-Power System reliability.