On Apr. 6, FERC request comments for analytics, market-based rates.
Issued data collection for analytics and surveillance and market-based rate purposes.
Background
In Jul. 2019, FERC issued Order No. 860, which revised substance and format of information sellers submit to Commission for market-based rate purposes.
Commission adopted approach to collect market-based rate information in relational database, which provides more modern, flexible format for reporting, retrieval of info.
Required, part of its market-based rate application or baseline submission, a Seller must identify through the relational database its ultimate upstream affiliate(s).
Because is characteristic FERC rely on in granting market-based rate authority, sellers must inform when have new ultimate upstream affiliate as part of change in status.
Required that any new ultimate upstream affiliate information must also be submitted into the relational database and any changes updated on a monthly basis.
Information Collection
Requests comments on proposal to collect data from market-based rate (MBR) sellers through revisions to data dictionary, XML schema that accompany relational database
Proposed revisions to MBR Data Dictionary so that Sellers whose ultimate upstream affiliate own voting securities under S 203(a)(2) blanket authorization (18 CFR 33.1).
Require to provide in relational database the docket number of S 203(a)(2) blanket authorization, utility IDs and ID types of upstream affiliates whose securities acquired.
Consultation
Proposed revision of collected information and request for comments due Jun. 7, 2021.
