IESO's Compliance with Reliability Standards Commended by North American Regulator



    TORONTO, Feb. 6 /CNW/ - Ontario's Independent Electricity System Operator
(IESO) has been found fully compliant with four key electricity reliability
standards monitored by the North American Electric Reliability Corporation
(NERC). These findings were contained in an audit conducted late last year by
an audit team made up of independent contractors, as well as representatives
of the Northeast Power Coordinating Council Inc. (NPCC), which has delegated
authority for monitoring and enforcing compliance with NERC reliability
standards in the northeast United States and Canada.
    "These audit findings reinforce the IESO's position as one of North
America's leading electricity system operators," said Gerry Phillips, Minister
of Energy. "A reliable electricity system is the cornerstone of Ontario's
economic growth and productivity."
    Among other responsibilities, the IESO is responsible for establishing,
monitoring and enforcing reliability standards in Ontario. While the IESO has
excelled in previous compliance and readiness audits, this is the first formal
compliance audit of the IESO since NERC became the North American Electric
Reliability Organization.
    The audit team evaluated IESO compliance with the four transmission
planning reliability standards identified in the NERC 2007 Implementation
Plan. These four transmission-related standards define the requirements for
system simulations and associated assessments under numerous operating
conditions.
    "Established reliability standards play an important role in ensuring the
reliability, adequacy, and security of North America's integrated electricity
system," said Paul Murphy, President and CEO of the IESO. "The audit findings
demonstrate the IESO has the appropriate resources, procedures and processes
in place to support effective coordination with other industry players,
including the Ontario Power Authority and Hydro One."
    The results of this latest compliance audit support the findings of an
earlier NERC Reliability Readiness Audit, which identified several "Examples
of Excellence" at the IESO. Similarly, an NPCC-facilitated Peer Review Team
appraised the IESO's 2007 reliability performance and declared it "an
exceptional effort."
    The NPCC had high praise for the scope and quality of the IESO's latest
submissions. "The documentation provided to the auditor by the IESO was
precisely laid out and excellent in composition and detail," said Salvatore
Buffamante, Manager, Compliance Audit Program of the NPCC. "Employee support
was also excellent."
    The report is available at
http://www.npcc.org/compliance2/AuditSpot.aspx.

    The IESO is responsible for managing Ontario's bulk electricity system
and operating the wholesale electricity market. For more information, visit
www.ieso.ca.

    NERC's mission is to improve the reliability and security of the bulk
power system in North America. To achieve that, NERC develops and enforces
reliability standards; monitors the bulk power system; assesses future
adequacy; audits owners, operators, and users for preparedness; and educates
and trains industry personnel. NERC is a self-regulatory organization that
relies on the diverse and collective expertise of industry participants. As
the Electric Reliability Organization, NERC is subject to audit by the U.S.
Federal Energy Regulatory Commission and governmental authorities in Canada.





For further information:

For further information: Lisa Pearson, (416) 506-2806,
Lisa.Pearson@ieso.ca


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