Engagement Outcomes

The AESO has developed and consulted on a risk-based compliance monitoring program for ARS and piloted the development of risk based oversight plans for three market participants. The AESO is in the process of operationalizing the new program by developing and communicating compliance oversight plans for all remaining market participants by the end of June 2024, scheduling compliance activities based on the new compliance oversight plans by August 30, 2024, and beginning to execute the new compliance activities by November 1, 2024. Further updates and developments will be provided via the Reliability Standards Discussion Group page and the ARS Compliance Monitoring page.

The AESO thanks stakeholders for their interest and contributions in the CMP Program consultation process. We appreciate and value the time and effort you have taken to participate and share your insights.

Purpose

The primary focus of this work stream is to deliver a compliance monitoring program for Alberta Reliability Standards (ARS) that incorporates risk-based factors in establishing entity-specific compliance monitoring oversight plans. This work stream ties into other ARS Program Enhancements Roadmap work streams, specifically incorporating inputs from the risk-based methodology and approach as well as integrating related improvements from supporting information, process efficiencies, and stakeholder consultation work streams.

Objectives

• Deliver a Compliance Monitoring Program (CMP) that aligns to the NERC approach delivering entity-specific compliance oversight plans (i.e., scope, tools, frequency) that reflect the proportionate level of risks an entity poses to the reliability of the Alberta Interconnected Electric System (AIES).
  
• Reduce administrative burden by focusing monitoring on standards and market participants with the most impact on AIES reliability risk.
• Maintain a high level of assurance that the ARS are being followed.