Energy Department, Federal Energy Regulatory Commission
The Commission proposes to amend its regulations pursuant to section 220 of the Federal Power Act (FPA), as enacted by section 1281 of the Energy Policy Act of 2005 (EPAct 2005), to facilitate price transparency in markets for the sale and transmission of electric energy in interstate commerce. In doing so, the Commission proposes to require market participants that are excluded from the Commission's jurisdiction under FPA section 205 and have more than a de minimis market presence to file Electric Quarterly Reports (EQR) with the Commission. In addition, the Commission proposes to refine the existing EQR filing requirements by directing all filers to: report the transaction date and time, as well as the type of rate by which the price in the transaction or contract was set (i.e., fixed price, formula, index, regional transmission organization/independent system operator (RTO/ ISO) price, or index); indicate whether the transaction was reported to an index publisher; identify the broker or exchange used for a transaction, if applicable; and report electronic tag (e-Tag) ID data in EQRs. The Commission also proposes to: Standardize the unit for reporting energy and capacity transactions; omit the time zone from the contract section; and eliminate the Data Universal Numbering System (DUNS) data requirement. These refinements to the existing EQR filing requirements reflect the evolving nature of electricity markets and promote greater price transparency and confidence in electricity markets.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Energy Federal Energy Regulatory Commission 18 CFR Part 35 [Docket No. RM10-12-000] AGENCY: Federal Energy Regulatory Commission. ACTION: Notice of proposed rulemaking. SUMMARY: The Commission proposes to amend its regulations pursuant to section 220 of the Federal Power Act (FPA), as enacted by section 1281 of the Energy Policy Act of 2005 (EPAct 2005), to facilitate price transparency in markets for the sale and transmission of electric energy in interstate commerce. In doing so, the Commission proposes to require market participants that are excluded from the Commission's jurisdiction under FPA section 205 and have more than a de minimis market presence to file Electric Quarterly Reports (EQR) with the Commission. In addition, the Commission proposes to refine the existing EQR filing requirements by directing all filers to: report the transaction date and time, as well as the type of rate by which the price in the transaction or contract was set ( i.e., fixed price, formula, index, regional transmission organization/independent system operator (RTO/ISO) price, or index); indicate whether the transaction was reported to an index publisher; identify the broker or exchange used for a transaction, if applicable; and report electronic tag (e-Tag) ID data in EQRs. The Commission also proposes to: Standardize the unit for reporting energy and capacity transactions; omit the time zone from the contract section; and eliminate the Data Universal Numbering System (DUNS)…
Other Federal Register documents from the same docket.
Electricity Market Transparency Provisions of Section 220 of the Federal Power Act; Notice of Technical Conference
Electricity Market Transparency Provisions of Section 220 of the Federal Power Act
Electricity Market Transparency Provisions of Section 220 of the Federal Power Act
Citation: 76 FR 24188
