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Nigerian Electricity Regulatory Commission (NERC) is an independent regulatory body with authority for the regulation of the electric power industry in Nigeria. NERC was formed in 2005 under the Obasanjo administration’s economic reform agenda through the Electric Power Sector Reform Act, 2005 for formation and review of electricity tariffs, transparent policies regarding subsidies ...
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The earliest NERC Tag application was based on a Microsoft Excel spreadsheet, and was introduced in 1997.The form was usually completed by the power marketers or schedulers, by defining the date and time of the transaction, the physical path of the energy schedule from its point of generation to point of consumption, the financial path (buying/selling chain) of the energy schedule, the hourly ...
NERC's mission states that it "is to assure the effective and efficient reduction of risks to the reliability and security of the grid". [4] NERC oversees six regional reliability entities and encompasses all of the interconnected power systems of Canada and the contiguous United States, as well as a portion of the Mexican state of Baja California.
GADS is the main source of power station outage data in North America. This reporting system, initiated by the electric utility industry in 1982, expands and extends the data collection procedures begun by the industry in 1963. NERC GADS is recognized today as a valuable source of reliability, availability, and maintainability (RAM) information ...
NERC and the Regional Entities are non-governmental, self-regulatory organizations that were created in recognition of, among other things, the complex, interconnected, and international nature of the North American Bulk Power-System.
The Open Access Same-Time Information System (OASIS), is an Internet-based system for obtaining services related to electric power transmission in North America.It is the primary means by which high-voltage transmission lines are reserved for moving wholesale quantities of electricity.
One of the important roles of an RE is suggesting to NERC (and FERC) to include the facilities into - or exclude from - the list of "elements" that constitute the bulk-power system (BPS, also known as a "bulk electric system", BES), subject to the oversight of the NERC.