Risk Assessment and Mitigation

SERC engages with registered entities to promote and improve the reliability, adequacy, and critical infrastructure of the bulk power system (BPS) by bridging the gaps between reliability and compliance through effective application of compliance tools and processes. If an issue of noncompliance is identified, Risk Assessment and Mitigation assesses the scope of the noncompliance issue and the risk imposed to the BPS. 

Risk Assessment and Mitigation conducts Inherent Risk Assessments (IRAs) to focus compliance monitoring activities in the areas of highest risk. Additional information related to Risk-based Monitoring, including the IRA, can be found on the Risk-based Compliance Monitoring and Enforcement Program page.

In 2014, the ERO Enterprise initiated the process of developing a comprehensive Coordinated Oversight Program (Program). The Program is designed to streamline risk assessment, compliance monitoring and enforcement, and event analysis activities for the registered entities that use, own or operate assets in areas covering more than one Regional Entity’s territory. Additional information can be found on the  Coordinated Oversight (MRRE) page.

Commonly Asked RFI Questions

In an effort to help registered entities navigate the Self-Report and RFI processes, SERC has taken some of the more frequently violated Standards and Requirements and provided the RFI questions asked most often for each. The purpose of these documents is to give registered entities a better understanding of what information SERC is looking for in Self-Reports and RFIs. The goal of this effort is to reduce the time registered entities and SERC spend obtaining needed information, which will shorten the time it takes to process reported noncompliance.

See the RFI Tips folder under Documents below.