Posted by Jennifer Dorhout on Apr 2, 2014
Natural gas is fuel increasingly used to generate electricity. To better coordinate the scheduling timelines and practices of natural gas pipelines with electric utilities, the Federal Energy Regulatory Commission (“FERC”) issued two significant orders. First, FERC issued a notice of proposed rulemaking on the Coordination of the Scheduling Processes of Interstate Natural Gas Pipelines and Public Utilities (“NOPR”) requesting comments from the natural gas and electric industries by...
Posted by Jennifer Dorhout on Mar 21, 2014
At its monthly meeting on March 20, 2014, the Commission initiated a show cause proceeding, pursuant to section 5 of the Natural Gas Act. The Order requires all pipelines to either (1) revise their tariffs in accordance with the Commission’s capacity release posting regulations; or (2) otherwise demonstrate that they are in full compliance.
Under Order No. 636-A, pipelines must post offers to release or to purchase released capacity, as well as the terms and conditions of such offers, on...
Posted by Jennifer Dorhout on Mar 10, 2014
In an order issued this afternoon, the Federal Energy Regulatory Commission (FERC) adopted further changes to the Electric Quarterly Report (EQR) Data Dictionary. FERC stated that it adopted version 3.0 of the EQR Data Dictionary in order to implement the revised EQR filing process and to update the list of Balancing Authority names and abbreviations reflecting changes in the official source of such data. FERC ordered that the EQR Data Dictionary version 3.0 become effective on the date...
Posted by Jennifer Dorhout on Feb 28, 2014
On February 28, 2014, the Federal Energy Regulatory Commission (FERC) issued an order extending and setting the deadlines to file electric quarterly reports (EQRs) for the third quarter (Q3) 2013, the fourth quarter (Q4) 2013 and the first quarter (Q1) 2014. FERC also reminded EQR filers that the deadline to file the second quarter (Q2) 2014 EQRs has not been extended.
FERC set the EQR filing periods as follows:
Q3 2013 EQRs must be filed between April 1, 2014 and April 30, 2014
Q4 2013 EQRs...
Posted by Jennifer Dorhout on Feb 26, 2014
On February 20, 2014, the staff of the Commodity Futures Trading Commission (CFTC) issued a No-Action letter temporarily removing a regulatory barrier to Southwest Power Pool’s (SPP) planned March 1, 2014 launch of its Integrated Marketplace.
The No-Action letter is a stop-gap measure that will expire on the earlier of August 31, 2014 or when the CFTC issues its final order on SPP’s application for exemption from full CFTC regulation. Last year, the CFTC issued an order permanently...