FERC Proposes Significant Revisions To EQR Reporting Requirements

On September 22, 2016, FERC issued a notice seeking comments on proposed revisions and clarifications of Electric Quarterly Report ("EQR") reporting requirements and corresponding updates to the EQR Data Dictionary. Notably, FERC proposes to significantly expand the instances in which transmission providers must report ancillary services transaction data. FERC also proposes to require filers to submit certain tariff-related information that they submit in the e-Tariff system, require filers to submit time zone information in connection with transmission capacity reassignment transactions, and clarify how filers should report booked out transactions.

With regard to ancillary services transaction data, FERC's proposal would require transmission providers to report information about transactions made under all of their ancillary services agreements in the Transaction Data section of the EQR. Currently, transmission providers are required to report only information about