July 3, 2008
On July 3, 2008, FERC issued a "Guidance Order” addressing the Notices of Penalty for violations of reliability standards submitted by NERC on June 4-6. In the Order, FERC offers guidance to NERC regarding the content of future notices of penalty. Specifically, FERC concludes that NERC should strive to improve the documentation procedures associated with notices of penalty. To view the Guidance Order, click here.