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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