Order No. 917: XBRL-CSV Standard Adopted for Electric Quarterly Report Filing

The Federal Energy Regulatory Commission (FERC) issued Order No. 917 to modernize the Electric Quarterly Report (EQR) filing process. The rule mandates the adoption of eXtensible Business Reporting Language-Comma-Separated Values (XBRL-CSV) as the new standard data format for all EQR submissions, replacing legacy formats and standardizing how electricity market transaction data is reported. Beyond the format change, the order expands reporting obligations by requiring Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) to produce new reports containing detailed market participant transaction data. This broadens the scope of mandatory disclosures within organized wholesale electricity markets. The Commission also clarifies and modifies existing EQR reporting requirements to resolve ambiguities and align them with current market structures. These clarifications are intended to improve data consistency and reduce compliance uncertainty for filers. Overall, the rule aims to increase market transparency, improve data quality, reduce long-term compliance costs through standardization, and make future regulatory updates easier to implement across the industry.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.