FERC-922, [AD19-16] Performance Metrics for ISOs, RTOs, and Utilities in Regions Outside ISOs and RTOs

ICR 202002-1902-004

OMB: 1902-0262

Federal Form Document

Forms and Documents
Document
Name
Status
Form
 Modified
Supplementary Document
2020-04-15
Supplementary Document
2020-04-15
Supporting Statement A
2020-03-03
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supplementary Document
2014-09-22
Supplementary Document
2014-09-22
Supplementary Document
2013-03-13
Supplementary Document
2013-03-13
Supplementary Document
2013-03-13
Supplementary Document
2013-03-13
Supplementary Document
2013-03-13
IC Document Collections
IC ID
Document
Title
Status
204520 Modified
ICR Details
1902-0262 202002-1902-004
Active 201409-1902-008
FERC FERC-922
FERC-922, [AD19-16] Performance Metrics for ISOs, RTOs, and Utilities in Regions Outside ISOs and RTOs
Reinstatement with change of a previously approved collection   No
Regular
Approved without change 04/21/2020
Retrieve Notice of Action (NOA) 03/03/2020
In accordance with 5 CFR 1320, the information collection is approved for three years.
  Inventory as of this Action Requested Previously Approved
04/30/2023 36 Months From Approved
18 0 0
2,144 0 0
0 0 0
In September 2008, the United States Government Accountability Office (GAO) issued a report recommending that the Commission, among other actions, work with Regional Transmission Organizations (RTOs), Independent System Operators (ISOs), stakeholders, and other experts to develop standardized metrics to track the performance of RTO/ISO operations and markets and publicly report those metrics. In accordance with the 2008 GAO Report, Commission staff developed a set of standardized metrics (the Common Metrics), sought and received OMB approval to collect information on those metrics from RTOs/ISOs, and later non-RTO/ISO utilities, and ultimately issued five public reports (Common Metrics Reports). In December 2017, the GAO issued a report on the RTOs/ISOs with centralized capacity markets. Among other recommendations, the GAO found that the Commission should take steps to improve the quality of the data collected for its Common Metrics Reports, such as implementing improved data quality checks and, where feasible, ensuring that RTOs/ISOs report consistent metrics over time by standardizing definitions. Furthermore, the GAO recommended that the Commission develop and document an approach to regularly identify, assess, and respond to risks that capacity markets face. In response to the 2017 GAO Report, Commission staff has proposed changes to the Common Metrics information collection. First, Commission staff proposes to improve the data collection process by creating a standardized information collection Input Spreadsheet (i.e., the reporting form) and an updated, more detailed User Guide, which will provide guidance on completing the information collection request, including information about who should respond; the timeline for responses; the metrics being collected, including important definitions and a description of the types of metrics and their structure in the information collection; and how to properly use the reporting form. Also, Commission staff proposes to update the list of Common Metrics to focus on centrally-organized energy markets and capacity markets, which involves adding capacity market metrics. The update eliminates previously-collected metrics on reliability, RTO/ISO billing controls and customer satisfaction, interconnection and transmission processes, and system lambda. Commission staff proposes eliminating these metrics because they provide limited information, do not significantly help Commission staff or the public draw any conclusions regarding the benefits of an RTO/ISO, and to reduce the reporting burden for respondents. The revised data collection, after additions and deletions, consists of twenty-nine Common Metrics. 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 824e Name of Law: Federal Power Act
   US Code: 16 USC 824d Name of Law: Federal Power Act
  
None
Not associated with rulemaking
  84 FR 32908 07/10/2019
85 FR 5418 01/30/2020
Yes
1
IC Title Form No. Form Name
RTO/ISO and Non-RTO/ISO Reporting Requirements FERC-922 Performance Metrics for ISOs, RTOs, and Regions Outside ISOs and RTOs
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 18 0 0 18 0 0
Annual Time Burden (Hours) 2,144 0 0 2,144 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
In September 2008, the United States Government Accountability Office (GAO) issued a report recommending that the Commission, among other actions, work with Regional Transmission Organizations (RTOs), Independent System Operators (ISOs), stakeholders, and other experts to develop standardized metrics to track the performance of RTO/ISO operations and markets and publicly report those metrics. In accordance with the 2008 GAO Report, Commission staff developed a set of standardized metrics (the Common Metrics), sought and received OMB approval to collect information on those metrics from RTOs/ISOs, and later non-RTO/ISO utilities, and ultimately issued five public reports (Common Metrics Reports). In response to the 2017 GAO Report, Commission staff has proposed changes to the Common Metrics information collection. First, Commission staff proposes to improve the data collection process by creating a standardized information collection Input Spreadsheet (i.e., the reporting form) and an updated, more detailed User Guide, which will provide guidance on completing the information collection request, including information about who should respond; the timeline for responses; the metrics being collected, including important definitions and a description of the types of metrics and their structure in the information collection; and how to properly use the reporting form. Also, Commission staff proposes to update the list of Common Metrics to focus on centrally-organized energy markets and capacity markets, which involves adding capacity market metrics.
$80,023
No
    No
    No
No
No
No
Uncollected
Darren Sheets 202 502-8742 [email protected]
  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.
03/03/2020
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