HomeNovember 11, 2015
FERC Sets Technical Conference On New Affiliate, Reporting Rules That Retail Suppliers Had Called A, "Substantial New Burden"
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FERC has granted a request to convene a technical conference and to postpone the comment deadline on new proposed reporting rules to be imposed on all RTO market participants that have been said by retail suppliers to, "impose a substantial new reporting burden," on such participants.
As previously reported, FERC is proposing to launch a dragnet over the organized market by requiring all market participants to report information on all of their "connected entities" -- a term broader than the current definition of affiliate. Click here for prior story to see definition of connected entity
A group including the Retail Energy Supply Association, EPSA, and ELCON had previously noted that this would include, "a large number of entities that do not participate in FERC-jurisdictional wholesale electricity markets and that are not otherwise subject to the Commission’s jurisdiction."
"The obligations as affiliates or Connected Entities to the various ISOs/RTOs, to the Commission, and to their now 'connected' RTO market participants are unclear and may involve additional and extensive resources, duplicative or overlapping reporting mechanisms, resolution or coordination with processes in place for other governmental or regulatory agencies, and compliance oversight which could implicate entities with whom no control or operational relationship currently exists with an ISO/RTO market participant," the groups had previously said.
The Commission directed Staff to convene a technical conference on December 8, 2015 and postponed the due date for comments on the NOPR until January 22, 2016, 45 days after the technical conference.
"Upon careful consideration of this request, the Commission concurs that a technical conference would be useful in understanding industry concerns and the extent of the burdens that would be imposed upon market participants under the draft regulatory language," FERC said
Docket No. RM15-23
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