Sec. 501. Reliability assessments
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Section 215 of the Federal Power Act ( 16 U.S.C. 824o ) is amended by striking subsection
(g)and inserting the following: The ERO shall conduct periodic assessments of the reliability and adequacy of the bulk-power system in North America. Whenever the Commission determines, on its own motion or on request from another Federal agency, an affected transmission organization, or any State commission, that a rule, regulation, or standard proposed by a Federal agency other than the Commission is likely to result in a violation of a tariff requirement or process for resource adequacy on file with the Commission or a mandatory standard for reliability approved by the Commission, the Commission shall require, by order, the ERO to assess and report on the effects of the proposed rule, regulation, or standard on the reliable operation of the bulk-power system. An ERO reliability assessment ordered under subparagraph
(A)shall— identify any reasonably foreseeable significant adverse effects on the reliable operation of the bulk-power system that the ERO anticipates will result from the proposed rule, regulation, or standard; account for mitigations that will be available under existing rules, regulations, or tariffs governing facilities of the bulk-power system under this Act that will reduce or prevent significant adverse effects on the reliable operation of the bulk-power system from the proposed rule, regulation, or standard; and take into account the technical views of affected transmission organizations regarding effects on the reliable operation of the bulk-power system from the proposed rule, regulation, or standard. The ERO shall— submit the report required under subparagraph
(A)to the public docket of the Federal agency proposing the rule, regulation, or standard, and, if practicable, make such submission within the time period established by such Federal agency for submission of public comments on the proposed rule, regulation, or standard; submit such report to the Commission; and publish such report in a publicly available format. This paragraph shall apply to proposed rules, regulations, or standards pending on, or proposed on or after, the date of enactment of this paragraph. .
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Sec. 501
Reliability assessments
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