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ARTICLE · 09 NOVEMBER 2023

FERC Proposes To Streamline EQR Data Collection And Filing Process

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On October 19, 2023, the Federal Energy Regulatory Commission (FERC or the Commission) proposed changes to the method of collection and data being collected in its Electric Quarterly Reports (EQRs).

United StatesEnergy and Natural Resources

On October 19, 2023, the Federal Energy Regulatory Commission (FERC or the Commission) proposed changes to the method of collection and data being collected in its Electric Quarterly Reports (EQRs).1 Specifically, FERC proposed to transition to EQR reporting based on the eXtensible Business Reporting Language-Comma-Separated Values (XBRL-CSV) standard, amend its regulations to require Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) to produce reports containing market participant transaction data, and modify or clarify EQR reporting requirements. While FERC has reformed its EQR requirements several times since introducing the EQR in 2002, the changes proposed in this Notice of Proposed Rulemaking (NOPR) would be the most significant in some time and could help reduce the time and cost required to prepare and submit EQRs for required filers.

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