The North American Electricity Reliability Corporation (NERC) reliability standards basically define the ability requirements for the sake of planning as well as operating the bulk power system. These standards are developed using the result-based approach that puts much focus on the management of risk, performance and entity capabilities.
The NERC’s reliability standards programs ensure that there is reliability of the bulk power system through the development of quality reliability standards in a timely manner. These standards are supposed to be consistent, clear, technically sound and effective.
In fact, to assist their clients and other members of the electric industry in complying with the NERC reliability standards and to help them avoid reliability-related-penalties, there is actually a NERC data-base created by White and Case containing summarized NERC Notices of Penalty (NERC-NOP).
This database can be accessed through the NERC reliability standards link. And one can also get access to the summarized FERC order of approving the USD 25 million civil penalty relating to the Florida blackout.