In accordance
with 5 CFR 1320, OMB is filing comment and withholding approval at
this time. The agency shall examine public comment in response to
the proposed rulemaking and will include in the supporting
statement of the next ICR--to be submitted to OMB at the final rule
stage--a description of how the agency has responded to any public
comments on the ICR, including comments on maximizing the practical
utility of the collection and minimizing the burden.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
0
0
0
0
0
0
0
0
0
The Federal Power Act Section 205
requires the Federal Energy Regulatory Commission to ensure that
the rates and charges for the wholesale sale of electric energy are
just and reasonable. Section 205 also requires that the rules and
regulations affecting or pertaining to the rates and charges for
the wholesale sale of electric energy be just and reasonable.
Industry-wide business practice standards help the industry achieve
increased levels of efficiency. The WEQ Version 003.1 and Version
003.2 Business Practice Standards build on the Commission’s work in
preventing undue discrimination and preference in transmission
service (in Order Nos. 890, 890-A, 890-B and 890-C, and includes
six OASIS-related standards that NAESB modified in response to
directives and guidance provided in Order Nos. 676-E, 676-H, and
890). The WEQ Version 003.2 Standards include modifications and
reservations to existing standards and newly developed standards
made to support the short-term preemption process (WEQ-001-25) and
the merger of like transmission reservations (WEQ-001-24)
prescribed in the OASIS Suite of Standards. The WEQ Version 003.2
Standards also included other changes that were made to support
consistency with NERC Reliability Standards. NAESB made these
changes as a result of continuing coordination with NERC regarding
dynamic tagging and pseudo-ties, and the finalization of the
transition of the industry registry tool from NERC to NAESB. NAESB
also made additional changes to seven suites of the WEQ Business
Practices to ensure the standards accurately reflect revisions to
the NERC Reliability Standards. In addition, NAESB made changes to
support market operator functionalities to support the full use of
the market operator as a separate role within the EIR and on
e-Tags. The NOPR proposes to require public utilities that own
and/or control facilities used for the transmission of electricity
in interstate commerce (public utilities) to modify their existing
tariffs to reference the standards and state that transactions made
under their respective tariffs would be performed in accordance
with the Version 003.2 standards. Tariffs provide the Commission
and the public with information regarding a utility’s rates and
service conditions. Without tariffs, FERC and the public would not
be able to properly evaluate rates.
US Code:
16
USC 824(e) Name of Law: Federal Power Act
US Code: 16
USC 824(d) Name of Law: Federal Power Act
The burden for both the
FERC-516E information collection is increasing so that the industry
can implement the new and revised business practice standards
adopted by NAESB and proposed in the NOPR to be incorporated by
reference into FERC’s regulations.
$4,931
No
No
No
No
No
No
Uncollected
Michael Lee 202
502-6548
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.