NERC Audits for FERC Compliance: Lessons Learned
Meeting the Complex NERC Reliability Standards to Avoid Substantial Penalties
Recording of a 90-minute CLE webinar/teleconference with Q&A
Conducted on Tuesday, February 23, 2010
Recorded event now available
This CLE seminar will discuss complying with NERC's reliability standards, compiling evidence needed to demonstrate compliance, preparing for NERC audits, and responding to possible compliance violations.
Description
Compliance with the NERC Reliability Standards is complex and challenging. Although primarily technical in nature, the Reliability Standards include significant legal and regulatory hurdles for companies.
Managing the risks associated with the audit requires first undertaking a pre-audit assessment, then addressing potential audit problems, and finally implementing a program and structure to ensure continued compliance.
With the threat of penalties up to $1 million per day per violation, companies and counsel must thoroughly understand the audit process and how to minimize the risk of non-compliance.
Listen as our authoritative panel of attorneys experienced with NERC audits examines the audit process from counsel's perspective and discusses internal compliance programs, pre-audit preparation, substantiation of compliance, and steps to take if auditors identify a potential violation.
Outline
- Internal compliance programs
- Assessment
- Remedial action plan
- Implementation
- Audit process
- Pre-audit preparation
- Identifying potential areas of risk
- Self-reporting?
- Mock audit
- Demonstrating compliance
- Responding to possible violations
Benefits
The panel will review these and other key questions:
- What strategies should companies and counsel employ to develop and implement effective compliance programs?
- What are the key areas of potential risk and what steps should companies and counsel take to minimize those risks?
- What actions should companies and counsel take if auditors identify possible violations?
Faculty
Deborah A. Carpentier,
Partner
Dickstein Shapiro, Washington, D.C.
She focuses primarily on federal regulatory and transactional energy issues for electric utilities and natural gas companies in matters before the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC). This representation includes advising clients on regulatory and reliability-related compliance programs, and NERC Reliability Standards.
J. Christopher Hajovsky,
Director of Regulatory Affairs and NERC Reliability Standards
RRI Energy, Inc., Houston
His responsibilities included development and oversight for RRI Energy’s NERC Corporate Compliance Program, RRI’s market development activities, and oversight of the RRI Energy team that manages various compliance and reporting obligations in the 13 states in which RRI Energy holds assets or conducts business, as well numerous jurisdictional federal agencies.
Ordering
Recorded Event
Includes full event recording plus handouts (available after live seminar).
CLE: Pre-approved for self-study credit in AK, AZ, CA, CT*, MO, MT, NY*, TX, VT, WA. Upon request, self-study credit is also available in: CO, FL, GA, ID, KY, LA, ME, ND, NE, NH, NM, NV, OR, UT, WI, WV, WY. If you are applying for self-study credit in one of these states, contact Strafford CLE at 1-800-926-7926 ext. 35 or CLE@straffordpub.com. (*For CT and NY, Strafford needs to process the CLE — see below to purchase this option.)
MP3 Download (Audio with Slide PDFs) $297.00
Available 24 hours after the live event
Webinar Download (Slide Presentation with Audio) $297.00
Available three business days after the live event
CD (Audio with Slide PDFs) $297.00
plus $9.45 S&H
Available ten business days after the live event
DVD (Slide Presentation with Audio) $297.00
plus $9.45 S&H
Available ten business days after the live event
CLE Processing on Recorded Event $65.00
CLE on Live Event
Continuing Legal Education credit processing is available for an additional $65 per person per state in states where webinars and teleconferences are accredited.
This webinar is eligible for at least 1.5 general CLE credits, depending on state rules.
You may register for CLE credit processing before or after a program (application deadlines vary by state). Exceptions: Pennsylvania attorneys must pre-register for CLE. Maine and Alabama attorneys please call 1-800-926-7926 ext. 10 for special instructions.
CLE credits are not available for DE, IN, KS, OH, and PR or for NY attorneys admitted within the last 2 years.
CLE Processing $65.00
Webinar/Teleconference
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Program Materials
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Program Materials
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CLE Credit
Strafford's live seminars qualify for CLE in every state that accredits webinars. They offer you a high quality, cost effective, and convenient CLE option, with no lost travel time or expenses.
Customer Reviews
All of the speakers had a wide range of knowledge.
Kimberly Hayes
General Mills
Content was excellent.
Jonelle Burnham
Kimberly-Clark
The presentations provided great insight.
Josh WInslow
Pabian & Russell
The back-and-forth between the panelists made the program easy to listen to. The slides were very well done.
Chris Kelly
Mayer Brown
A thoroughly professionally structured and presented program.
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City of Coeur d'Alene
Environmental Law Advisory Board
Partner
Allen Matkins
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Of Counsel
Stoel Rives
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Akin Gump Strauss Hauer & Feld
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Arnold & Porter
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Gibson Dunn & Crutcher
Shareholder
Greenberg Traurig
Partner
Cravath Swaine & Moore
Partner
Bryan Cave