On November 16, 2017, FERC issued a Notice of Proposed
Rulemaking ("NOPR") in which it proposed to approve two
Reliability Standards—PRC-027-1 (Coordination of Protection
Systems for Performance During Faults) and PER-006-1 (Specific
Training for Personnel)—that the North American Electric
Reliability Corporation ("NERC") submitted in a petition
on September 2, 2016, and which are intended to replace
currently-effective Reliability Standard PRC-001-1.1(ii) (System
Protection Coordination). FERC also proposed to direct NERC
to modify PRC-027-1 to require an initial protection system
coordination study to ensure that applicable entities will perform
(or have performed), as a baseline, a study demonstrating proper
coordination of their protection systems. Lastly, FERC
proposed in the NOPR to approve new and revised definitions to the
NERC Glossary of Terms, the associated violation risk factors,
violation severity levels, implementation plans, and effective
dates for