The FERC has announced that its staff will host a workshop comprised of panel discussions and virtual listening sessions. The virtual event will allow various stakeholder groups and interested parties the opportunity to provide feedback to the agency on the creation and operation of the Office of Public Participation (OPP). The sessions will also allow the public to share their opinions and suggestions on how the FERC should establish the OPP to foster and facilitate public participation. The event, free and open for the public to attend remotely, will take place on Friday, April 16, 2021, from 9:00 a.m. to 5:00 p.m. EDT. It can be viewed on the FERC’s website. {expires: 2021-04-24} Continue reading "FERC Will Hold Workshop and Seek Public Comment..." »

The FERC has announced that it will hold a virtual technical conference to foster communication between its Commissioners and stakeholders. The two entities will discuss the transition from non-electric to electric sources of energy at the point of final consumption, for example, to: 1) fuel vehicles; 2) heat and cool homes and businesses, and 3) provide process heat at industrial facilities. {expires: 2021-04-30}
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The FERC has announced that its staff will convene a remote conference Monday, April 19, 2021 from 3:00 PM to 4:30 PM EST. This conference will bring together the project licensee, Pacific Gas & Electric, and other stakeholders to discuss the Kerckhoff Hydroelectric Project (No. 96). Moreover, participants will address matters related to moving forward with the approved Whitewater Boating Assessment (REC 1), Run 1, and Run 2 Flow Studies. {expires: 2021-04-20} Continue reading "FERC to Host Teleconference to Discuss..." »

On March 23, 2021, the FERC announced several filing deadline extensions for third quarter 2021 quarterly filings for electric utilities, natural gas, and oil pipeline companies. These extensions are intended to allow additional time necessary for the transition to the XBRL-based system. Continue reading "FERC Extends 3rd Quarter Filing Deadlines for..." »

On March 22, 2021, the FERC announced that it took broad steps to eliminate obstacles that hinder newer technologies, including energy storage, and distributed energy resources (DER) from being involved in wholesale markets. The additional measures guarantee that demand response resources can be merged with other forms of DERs to promote grid dependability, benefit consumers, and enhance competition.
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On March 18, 2021, the FERC announced it will hold a technical conference to discuss resource adequacy developments in the Western Interconnection. The FERC is interested in engaging various regional perspectives to explore trends, challenges, and methods of continuing to ensure resources are adequately available in the Western Interconnection. {expires: 2021-06-25} Continue reading "FERC to Hold Conference to Explore Resource..." »

The FERC has announced that it will convene a technical workshop to discuss the functionality and features of its relational database on Thursday, March 25, 2021, from 10:00 a.m. to 3:00 p.m. ET. The relational database is the means whereby the FERC will begin gathering certain market-based rate (MBR) information in compliance with Order No. 86 (MBR Database). Continue reading "FERC to Host Virtual Workshop to Discuss..." »

The FERC recently announced that it will convene a virtual, Commissioner-led workshop in which interested parties are invited to offer input on the formation of the Office of Public Participation. The event will take place Friday, April 16, 2021 from 9:00 a.m. – 5:00 p.m. ET. The event is free and open to the public. {expires: 2021-04-17}
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On February 18, 2021, the FERC revisited its evaluation of the 1999 Policy Statement on the Certification of New Interstate Natural Gas Facilities and is soliciting new data and additional stakeholder points of view that would help the agency update the process by which it reviews proposed natural gas projects. Recognizing that many changes have occurred since its initial inquiry three years ago, the FERC is focusing on adding to the record already established in response to its April 2018 Notice of Inquiry (NOI), and it is soliciting comments on new questions that add to or modify the initial NOI. {expires: 2021-05-10}
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XBRL US has announced it will extend its webinar “Get Ready to Comply with FERC XBRL Requirements” to two additional sessions on February 23, 2021 and February 25, 2021. {expires: 2021-03-26} Continue reading "XBRL US Extends Webinar to Prepare for FERC..." »

On January 21, 2021, the FERC Commissioner, Neil Chatterjee and Pradeep Kumar Pujari, chairperson of the Central Electricity Regulatory Commission (CERC) of India, signed a memorandum of understanding (MOU) between the FERC and the CERC to share regulatory experiences and practices. This MOU is the product of three years of discussions among the Commissioner, the Chairperson, and staff from both agencies and details a variety of issues ranging from development and monitoring of power markets and issues related to: (1) regulatory initiatives for facilitating investment in the power sector; (2) integrating renewable energy into the electric grid; (3) transmission pricing; (4) grid reliability; (5) technical training, and (6) regulatory practices.

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XBRL US has announced that it will host two free 75-minute virtual informational sessions on Tuesday, February 16, 2021 and Thursday, February 18, 2021 at 1:30 PM ET that will aid preparers in getting ready for the new FERC XBRL mandate. XBRL US is hosting these webinars to broaden attendees’ exposure to various XBRL solution providers and to help filers get an in-depth look at how XBRL preparation will affect the reporting process. The two-day event will also feature demonstrations from select member organizations, including Novaworks.
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As a leader in the XBRL community and a provider of robust software for structured data reporting for more than a decade, Novaworks is proud to announce our newest solution to XBRL-based compliance: XBRLworks. XBRLworks is a streamlined, easy-to-use XBRL application that will launch with support for the new FERC XBRL mandate. In 2020, the FERC officially adopted XBRL as its solution to modernizing its approach to regulated financial and other reporting in the energy industry. XBRL presents a method of tagging (or marking-up) data that adds key contextual information through dimensionality defined by an XBRL taxonomy.
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On January 19, 2021, the FERC announced that it is seeking public comment related to potential modifications to its methods for requiring financial assurance measures in hydroelectric licenses. These steps are meant to guarantee that licensees can satisfy license conditions and maintain their projects in a secure condition.
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On December 22, 2020, the FERC released its Assessment of Demand Response and Advanced Metering. Issuance of this annual report, now in its fifteenth year of publication, is required under section 1252(e)(3) of the Energy Policy Act of 2005. The details presented in the report were drawn from the latest publicly available data (2018 data for retail markets and 2019 data for wholesale markets) that is used to gauge demand response potential. The report also contains FERC staff findings using non-public data to assess demand response activity in California during the summer 2020 when the state experienced four out of its five hottest August days since 1985. Continue reading "FERC Publishes 2020 Assessment of Demand..." »