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FERC | RIN: 1902-AF22 | Publication ID: Fall 2021 |
Title: Data Collection for Analytics and Surveillance and Market-Based Rate Purposes | |
Abstract:
The Commission revised its regulations governing market-based rates for public utilities. The Commission will collect certain information currently filed in the electric market-based rate program in a consolidated and streamlined manner through a relational database. The relational database construct modernizes the Commission's data collection processes, eliminates duplications, and renders information collected through its market-based rate program usable and accessible for the Commission. The Commission will not adopt the proposal from the NOPR to collect Connected Entity data from market-based rate Sellers and entities trading virtual or holding financial transmission rights in this final rule. With respect to the market-based rate program, the Commission will adopt changes that reduce and clarify the scope of ownership information that Sellers must provide as part of their market-based rate filings. In addition, the Commission modified its regulations to change the information required in a Seller's asset appendix as well as the format through which such information must be submitted. The revised regulations will require a Seller to update the relational database on a monthly basis to reflect any changes that have occurred but will also extend the change in status filing requirement to a quarterly filing obligation. The Commission modified its regulations to eliminate the requirement that Sellers submit corporate organizational charts. In the order on rehearing and clarification, the Commission addressed requests for rehearing and clarification and affirmed its determinations in Order No. 860, which amended its regulations governing market-based rates for public utilities. The Commission delayed the compliance date for the requirements of its final rule, "Data Collection for Analytics and Surveillance and Market-Based Rate Purposes" (Order No. 860) until July 1, 2021 (Docket Nos. RM16-17-000 and RM16-17-001). |
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Agency: Federal Energy Regulatory Commission(FERC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 18 CFR 35 | |
Legal Authority: 16 U.S.C. 791a to 825r 16 U.S.C. 2601 to 2645 31 U.S.C. 9701 42 U.S.C. 7101 to 7352 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Regine Baus Legal Information, Office of the General Counsel Federal Energy Regulatory Commission 888 First Street NE, Washington, DC 20426 Phone:202 502-8757 Email: regine.baus@ferc.gov Ryan Stertz Technical Information, Office of Energy Market Regulation Federal Energy Regulatory Commission 888 First Street NE, Washington, DC 20426 Phone:202 502-6473 Email: ryan.stertz@ferc.gov |