Topic:"Regulatory Compliance" in M03433

2. Executive Summary The assessment performed during this review has rated the overall system risk as High . The following risks were identified: - Potential revenue loss. A loss of the Opsym application could result in inaccurate RTP valu...

AI summary The executive summary highlights high system risk due to reliance on the Opsym application, which could cause revenue loss, operational inefficiencies, and regulatory non-compliance. Risks include inaccurate RTP valuations, scheduling failures, and inability to meet NERC and UARB requirements. NSP IT recommends developing a technology strategy, SLA, business continuity plan, and maintenance protocols.

4.4.Licensing or contractual issues There are no known compliance issues with the Opsym Software license.

AI summary The section confirms there are no known compliance issues with the Opsym Software license, indicating that licensing or contractual matters related to this software do not pose regulatory concerns in the proceeding.

5. Risks Assessment The following risks have been identified with the Opsym environment. - Potential revenue loss. A loss of the Opsym application could result in inaccurate RTP valuations or non-optimal fleet dispatch scenarios, both situ...

AI summary The risks identified include potential revenue loss due to inaccurate RTP valuations and dispatch scenarios, operating efficiency loss from difficulty in producing dispatch schedules, and regulatory risks related to failing to meet NERC and UARB requirements.