<Y2K "READY vs Y2K "COMPLIANT". I have assumed that "READY" meant that the systems would work properly ie. they would not shut down, or cause any other problems for their customers ie. utilities, banks, hospital equipment etc.>
Yeah. That's what a lot of people assume.
It's a shame the way companies have been playing around with this terminology. When you read SEC statements, you'll see how attorneys have a field day defining "Y2K Ready". Varies from company to company. But, it's funny - you can often identify commonly shared law firms by terminology most frequently used.
In the case of NERC, they've rated companies as "Y2K Ready":
1) IF they've completed remediation
2) IF they've identified problems and have ordered new equipment (but it hasn't arrived yet).
3) IF, in the case of some Nukes, it will be remediated in November (because it's not feasible to shut down and repair now) - and "we'll be fixing it then".
4) IF, "we've identified problems, but might not be able to fix by end-of-year, BUT we have manual workarounds or contingency plans in the event of failure".
Jim, all of this has been documented in actual NERC links which have been posted on this thread. Few have inclination or patience to access and read this stuff. NERC calls these "exceptions", but still rates them as "Y2K Ready".
If you're really interested in pursuing further, do a SI search for NERC ... with links. Then check out the links. Most NERC links are in Adobe PDF files.
Cheryl |
