NERC, FERC, FPL agree on reliability enhancements
FLORIDA - The North American Electric Reliability Corporation (NERC), the Federal Energy Regulatory Commission (FERC), and Florida Power & Light Company (FPL) have reached a key agreement that will result in important reliability enhancements in Florida.
The agreement closes a joint NERC-FERC investigation of the February 26, 2008 outage that resulted in the loss of 22 transmission lines and 4,300 MW of generation and caused nearly one million homes and businesses in the state to lose power.
The agreement includes enhancements to FPLÂ’s reliability compliance program, equipment maintenance program, and emergency operating procedures.
The agreement also includes a $25 million civil penalty, $10 million of which will be paid to the United States Treasury, $10 million to NERC, and $5 million to be reserved for further reliability enhancements proposed by FPL and approved by FERC and NERC.
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