MBR Data Collections (FERC Order 860)

posted by Renee on Wed, 01/22/2020 - 11:57
The Commission issued Order No. 860 , which amends the Commission's market-based rate regulations at 18 C.F.R. section 35, subpart H, effective April 1, 2021.
 
Order No. 860 provides that the Commission will begin collecting certain market-based rate information through a relational database, including: certain upstream ownership information, asset appendix information (including a new requirement to report long-term firm purchases) for the seller and its affiliates that do not have market-based rate authority, indicative screen information, and certain other market-based rate information.
 
In addition, sellers will be required to update the database on a monthly basis to reflect any changes and the change in status filing requirement is  to a quarterly obligation.
 
After April 1, 2021, no asset appendices or indicative screens may be submitted as attachments to filings through the eTariff system.
 
Activity Order No. 860 Schedule Revised, Six-month Extension Schedule
Testing period for the MBR Database Through Sept. 30, 2020 Through Mar. 31, 2021
Effective date of Order No. 860 Oct. 1, 2020 Apr. 1, 2021
“Go-live” date of MBR Database Oct. 1, 2020 Apr. 1, 2021
Sellers should create needed identifiers (FERC Generated IDs and Asset IDs) in the MBR Portal and prepare their baseline submissions Oct. 1, 2020 – Dec. 31, 2020 Apr. 1, 2021 – June 30, 2021
Baseline submissions are due By Feb. 1, 2021 By Aug. 2, 2021
First change in status filings under new timelines are due By Feb. 28, 2021 By Aug. 31, 2021
 
 
Applicants seeking market-based rate authority on or after April 1, 2021 will be required to make a submission into the relational database prior to filing an initial market-based rate application.
 
Systrends is currently developing a web-based application (called eMBRdata) to meet the requirements for the new MBRdata Collections order and will have it ready by end of 2020.
 
Systrends routinely schedules Demonstrations of the application . If you would like to join one please contact embrdata@systrends.com