The Federal Energy Regulatory Commission (FERC) recently issued an order conditionally accepting a proposal by the North American Electric Reliability Corporation (NERC) to include “Find, Fix, Track and Report” (FFT) informational filings as a process for addressing possible Reliability Standards violations. The use of FFT filings is expected to enable NERC to process possible violations more quickly, and alleviate its backlog of approximately 3,300 active compliance matters. Given the magnitude of its backlog, without the adoption of FFT filings, NERC anticipated that it would take two to three years to process new possible violations.

Notably, FERC also invited NERC and industry participants to consider other approaches to gain efficiencies and reduce compliance backlogs, including revising or removing Reliability Standards and requirements that have little effect on reliability.