What does NERC stand for?

NERC stands for North American Electric Reliability Corporation. This organization is crucial for ensuring the reliability and security of the bulk power system in North America. It develops and enforces reliability standards, monitors the grid for compliance, and provides education and training to industry stakeholders. Established to promote the reliability of the electricity supply, NERC plays a pivotal role in coordinating efforts among industry participants to prevent blackouts and maintain electrical system integrity across the continent.

The other options presented do not accurately represent NERC's role or function within the electric reliability landscape.