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ARTICLE · 03 NOVEMBER 2021

FERC Further Delays Implementation Of MBR Database Reporting Requirements

Morgan Lewis
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FERC recently issued a notice of extension of time further extending, by three months, the compliance dates for FERC's new market-based rate (MBR)

United StatesEnergy and Natural Resources
J. Daniel Skees
J. Daniel Skees
Robert Goldfin
Robert Goldfin

FERC recently issued a notice of extension of time further extending, by three months, the compliance dates for FERC's new market-based rate (MBR) relationship database filing requirements under Order No. 860. This extension follows multiple prior extensions. Meeting these new deadlines is required of all public utilities who either currently hold MBR authority or will request MBR authorization to engage in sales for resale of electric energy, capacity, or ancillary services at marked-based or negotiated rates. Given the complexity of the new reporting requirements, the deadlines extension will provide valuable additional time to entities to prepare their baseline submission.

FERC issued Order No. 860 in 2019, in RM16-17-000, amending FERC's MBR regulations to require that public utilities submit certain MBR information in XML file format through a new relational database. This information includes the identity of each MBR seller's "ultimate upstream affiliate,"

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