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, now effective July 1, 2021.
 
Systrends is currently developing a web-based application (called eMBRdata) to meet the requirements for the new MBR Data Collections order and will have it ready sometime in May or June 2021 depending on pending changes currently being proposed by FERC.
 
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.
 
After July 1, 2021, no asset appendices or indicative screens are to be submitted as attachments to filings through the eTariff system.
 

Activity

Current Order No. 860 Schedule

Revised, Three-month Delay of Compliance Schedule

Testing period for the MBR Database

Through Mar. 31, 2021

Through Jun. 30, 2021

Effective date of Order No. 860

Apr. 1, 2021

Jul. 1, 2021

“Go-live” date of MBR Database

Apr. 1, 2021

Jul. 1, 2021

Sellers should create needed identifiers (FERC Generated IDs and Asset IDs) in the MBR Portal and prepare their baseline submissions

Apr. 1, 2021 – June 30, 2021

Jul. 1, 2021 – Sep. 30, 2021

Baseline submissions are due

By Aug. 2, 2021

By Nov. 2, 2021

First change in status filings under new timelines are due

By Aug. 31, 2021

By Nov. 30, 2021

Second change in status filings under quarterly reporting requirement are due

By Oct. 31, 2021

By Jan. 31, 2022
 
 
Applicants seeking market-based rate authority on or after July 1, 2021 will be required to make a submission into the relational database prior to filing an initial market-based rate application through eTariff.
 
Systrends routinely schedules Demonstrations of the application . If you would like to join one please contact embrdata@systrends.com
 
FERC is holding a technical conference on this order, April 22nd - click here to register - https://ferc.webex.com/ferc/j.php?MTID=e6dd18def200b281ff165e57325102ee0