On June 16, 2016, FERC clarified some of its Electric Quarterly
Report ("EQR") reporting requirements, including EQR Data
Dictionary modifications that (1) clarify certain EQR fields, (2)
require all EQR users to report transactions that occur on a
sub-hourly basis, and (3) emphasize the requirement for
transmission providers to report transmission service information.
FERC's order also indicates that, in the future, it will post
certain non-material changes to the EQR reporting requirements and
EQR Data Dictionary to its website and notify EQR users via e-mail
of any such changes.
The majority of FERC's order provides certain clarifications
and modifications of the EQR reporting requirements and fields in
the EQR Data Dictionary. In general, the EQR Data Dictionary
defines certain terms and values used when filing EQR data and
provides formal definitions for certain EQR fields. Of note, FERC
clarified the method for identifying "Increment Name" in
the Contract Data