In accordance
with 5 CFR 1320, the revision to the information collection is
approved.
Inventory as of this Action
Requested
Previously Approved
08/31/2018
36 Months From Approved
16
0
0
3,275
0
0
0
0
0
As detailed in FERC's FY 2009–2014
Strategic Plan, the objectives of the Metrics Initiative are as
follows: (1) develop appropriate operational and financial metrics
for ISOs/RTOs; (2) explore and develop appropriate operational and
financial metrics for utilities outside ISO and RTO regions; (3)
establish appropriate common metrics between ISOs and RTOs and
utilities outside ISO and RTO regions; (4) monitor implementation
and performance; and (5) evaluate performance and seek changes as
necessary. The first objective was completed with the submission of
a Report to Congress on performance metrics for ISOs and RTOs. The
second objective was completed with the issuance of a Commission
Staff Report on performance metrics in regions outside ISOs and
RTOs. The report, issued on August 26, 2014, satisfies the
requirements of the third and fourth objectives and takes the first
step in meeting the requirements of the fifth objective. Filers
submit data related to each performance metric and the Commission
will use the data to analyze performance and recommend any changes.
Filers include RTOs, ISOs and utilities in regions outside of RTOs
and ISOs. Without information allowing for a comparison of
performance between ISOs/RTOs and regions outside of ISOs/RTOs, the
Commission will not have the information necessary to identify the
benefits of ISOs/RTOs based on actual performance of ISOs/RTOs and
regions outside of ISOs/RTOs over the same time periods.
Furthermore, as noted above, the GAO report specifically criticized
the Commission's initial measures for evaluating ISO/RTO
performance as "not comprehensive" because they "do not compare
performance between RTO and non-RTO regions." Consequently, the
Commission is seeking information from RTOs, ISOs and entities
outside RTO and ISO regions.
US Code:
16
USC 824d Name of Law: Federal Power Act
US Code: 16
USC 824e Name of Law: Federal Power Act
The estimated 3,275 burden
hours [average annual figures for this collection done biennially
(i.e. once every two years)] are due to the time it will require to
compile, review, and submit the information requested. Commission
Staff now estimate receiving information from 11 entities that have
previously submitted information - five entities outside of RTOs
and ISOs and six ISOs and RTOs, for a total of 11 filings.
Commission Staff also estimate receiving five additional responses
from entities that have not submitted data before. In total,
Commission Staff expect 16 filings from RTOs, ISOs, and regions
outside of RTOs/ISOs. The number of respondent entities changed due
to the voluntary nature of the collection and FERC staff (via their
interaction with associated entities) expects an increased level of
involvement from these types of entities. The burden per response
has decreased due to streamlining of the requested data.
$11,173
No
No
No
No
No
Uncollected
Eric Krall 202 502-6180
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.