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708.4 Risk Assessment
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Risk assessment for critical operations power systems shall be documented and shall be conducted in accordance with 708.4(A) through (C).
Informational Note: Chapter 5 of NFPA 1600-2019, Standard on Continuity, Emergency, and Crisis Management, provides additional guidance concerning risk assessment and hazard analysis.
In critical operations power systems, risk assessment shall be performed to identify hazards, the likelihood of their occurrence, and the vulnerability of the electrical system to those hazards.
Hazards to be considered at a minimum shall include, but shall not be limited to, the following:
- Naturally occurring hazards (geological, meteorological, and biological)
- Human-caused events (accidental and intentional) [1600:5.3.2]
Based on the results of the risk assessment, a strategy shall be developed and implemented to mitigate the hazards that have not been sufficiently mitigated by the prescriptive requirements of this Code.