Washington Energy Report - September 21

FERC Issues NOPR Proposing to Collect Uniform Organized Market Participant Data

On September 17, 2015, FERC issued a notice of proposed rulemaking ("NOPR") that seeks to require each regional transmission organization ("RTO") and independent system operator ("ISO") to deliver to FERC electronic data on an ongoing basis from their respective market participants that would (1) list their "Connected Entities," (2) describe the nature of the relationship with each Connected Entity, and (3) identify each market participant using a common alpha-numeric identifier.  Among other reasons, FERC stated that the data would assist FERC in screening and investigating cases involving market manipulation by providing the Office of Enforcement with a more complete view of the relationships between market participants and the incentives underlying their trading activities. [Read more →]