TeachMeFinance.com - explain North American Electric Reliability Corporation (NERC)
North American Electric Reliability Corporation (NERC) The term 'North American Electric Reliability Corporation (NERC)' as it applies to the area of energy can be defined as ' A nonprofit corporation formed in 2006 as the successor to the North American Electric Reliability Council established to develop and maintain mandatory reliability standards for the bulk electric system, with the fundamental goal of maintaining and improving the reliability of that system. NERC consists of regional reliability entities covering the interconnected power regions of the contiguous United States, Canada, and Mexico. See the North American Electric Reliability Corporation (NERC) Regions'.
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