Status:
Reliability Standard EOP-008-1 and its associated implementation plan
were approved by the Board of Trustees on August 5, 2010 and will be
filed for approval with regulatory authorities.
Purpose/Industry Need:
The purpose of revising these standards is to:
Provide an adequate level of reliability for the North American bulk
power systems — the standards are complete and the requirements are
set at an appropriate level to ensure reliability.
Ensure they are enforceable as mandatory reliability standards with
financial penalties — the applicability to bulk power system owners,
operators, and users, and as appropriate particular classes of
facilities, is clearly defined; the purpose, requirements, and
measures are results-focused and unambiguous; the consequences of
violating the requirements are clear.
Incorporate other general improvements described in the standards
development work plan (see attachments).
Consider stakeholder comments received during the initial
development of the standards and other comments received from ERO
regulatory authorities as noted in the attached review sheets.
Satisfy the standards procedure requirement for five-year review of
the standards.
As
the electric reliability organization begins enforcing compliance with
reliability standards under Section 215 of the Federal Power Act in the
United States
and applicable statutes and regulations in
Canada
, the industry needs a set of clear, measurable, and enforceable
reliability standards.The
Version 0 standards and the translation of Phase III & IV planning
measures, while a good foundation, were translated from historical
operating and planning policies and guides that were appropriate in an
era of voluntary compliance.
The Version 0 standards, Phase III & IV standards, and recent updates
were put in place as a temporary starting point to start up the electric
reliability organization and begin enforcement of mandatory standards.However, it is important to update the standards in a timely
manner, incorporating improvements to make the standards more suitable
for enforcement and to capture prior recommendations that were deferred
during the Version 0 and Phase III & IV translations.The two standards in this set are both Version 0 standards.