Wednesday, November 25. 2020
FERC Affirms and Clarifies PURPA Final Rule
On November 19, 2020, the FERC affirmed Order No. 872, the final rule that amended regulations implementing sections 201 and 210 of the Public Utility Regulatory Policies Act of 1978 (PURPA). This affirmation addresses major modifications that have been made to the nation’s energy markets.
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Friday, October 23. 2020
XBRL US to Present October 28 Webinar: Standards for Regulators – Defining and Readying the Data Model
XBRL US recently announced that it will host a free 60-minute webinar on Wednesday, October 28, 2020 at 3:00 PM EDT, to discuss whether regulators can build an efficient, cost-effective data standards program that establishes a long-term infrastructure while allowing for rapid responses to changing reporting needs.
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Tuesday, October 20. 2020
FERC Proposes Policy Statement on State-Determined Carbon Pricing in Wholesale Markets
On October 15th, FERC proposed a policy statement clarifying that it has authority over organized wholesale electric market rules that incorporate a state-determined carbon price in those markets. The proposed policy statement is also meant to encourage regional electric market operators to investigate and consider the benefits of instituting such rules.
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Thursday, October 15. 2020
FERC Staff Publishes Report on Lessons Learned from CIP Reliability Audits
On October 2, FERC published recommendations to help users, owners, and operators of the bulk-power system improve their compliance with the mandatory Critical Infrastructure Protection (CIP) reliability standards as well as their overall cybersecurity stance. Staff from FERC’s Office of Electric Reliability and Office of Enforcement partnered with staff from the North American Electric Reliability Corporation and its regional entities to perform the audits.
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Tuesday, October 06. 2020
FERC Releases Commission Open Meeting Schedule for 2021
On October 1st, FERC released the schedule for its open meetings for calendar year 2021. The open meetings are freely accessible by the public consistent with the Government in the Sunshine Act, and the contents of the meeting are posted on FERC’s website.
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Wednesday, September 30. 2020
What Is the FERC XBRL Mandate?
In 2019, the Federal Energy Regulatory Commission (FERC) revised its electronic filing format to incorporate structured data in the eXtensible Business Reporting Language (XBRL) format. As has been the case with other federal regulators, the move to adopt XBRL is being undertaken to modernize the reporting environment and increase efficiency in submitting and consuming data. Broad support across the industry also helped drive the action.
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Thursday, September 24. 2020
FERC, Virginia Tech Introduce EnVision 2021 Spring Conference
On September 15th, FERC Chairman Neil Chatterjee announced a new joint venture with Virginia Tech to co-host the next annual EnVision Forum. The two organizations hope the conference will provide an opportunity to explore the technology-driven concerns challenging the energy industry.
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Friday, September 18. 2020
FERC and NERC Outline Cyber Incident Response and Recovery Best Practices
On September 14th, 2020, staff from FERC and the North American Electricity Reliability Corporation (NERC) published a report on cyber planning for response and recovery entitled “Cyber Planning for Response and Recovery Study” (CYPRES), which emphasizes best practices for the electric utility industry.
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Tuesday, September 08. 2020
FERC Announces Details of September 30th Carbon Pricing Tech Conference
On August 28th, FERC announced details for the upcoming Carbon Pricing in Organized Wholesale Electricity Markets Technical Conference, which is scheduled for Wednesday, September 30, 2020 from 9 am to 5:30 pm EDT. Registration is not necessary, and the public is invited to take part in this free event via live webcast.
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Thursday, September 03. 2020
FERC Extends Deadlines for Certain Forms for Entities Affected by Hurricane Laura
On August 28, FERC extended deadlines for some forms through and including September 30th for entities and investment professionals affected by Hurricane Laura in the Gulf Coast region of the United States. In recognition of these emergency conditions, and following sections 385.101(e) and 385.2008 of FERC’s Rules of Practice and Procedure, 18 C.F.R. §§ 385.101(e) and 385.2008 (2019), FERC has determined that there is good cause to grant this extension of time.
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Wednesday, August 26. 2020
FERC Extends COVID-19 Pandemic Emergency Waivers
On August 20th, FERC extended two pandemic emergency-related waivers pursuant to section 206 of the Federal Power Act that were set to expire on September 1st. These waivers have been extended through January 29, 2021. This extension was made in an effort to provide continued safety and flexibility for the public and the companies FERC regulates.
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Continue reading "FERC Extends COVID-19 Pandemic Emergency Waivers" »
Monday, August 24. 2020
New Release (5.4b) for the GoFiler Family of Products
Version 5.4b of all applications in the GoFiler Suite has been released. This release contains additional protections and features to deal with the EDGAR system issues that are occurring for many filers. Additionally, this release has a new Tidy HTML function and new processing in XDX to override the presentation on which facts created by an engram will appear. There have also been a number of improvements to the general application to further improve the handling of large files or files with long lines and to reorganize tools on the Edit Ribbon.
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FERC Finalizes XBRL Reporting Taxonomy
On July 17th, the Federal Energy Regulatory Commission (FERC) finalized its proposed XBRL reporting taxonomy. FERC announced it would adopt a structured data approach to its regulatory reporting system on June 20, 2019. In addition to the taxonomy, the agency has adopted protocols, an implementation guide, and other supporting documents, all of which are available on FERC’s eCollection website.
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Continue reading "FERC Finalizes XBRL Reporting Taxonomy" »
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