Today’s LiveWire Spotlight looks at FERC’s Notice of Proposed Rulemaking (NOPR) to approve the latest Wholesale Electric Quadrant (WEQ) Business Practice Standards – of which several have been updated to support NERC initiatives. The action will allow the transition of ten entire INT and MOD standards addressing commercial processes to the North American Energy Standards Board (NAESB).
FERC’s proposal to approve Version 003.3 of the NAESB Wholesale Electric Quadrant standards has been posted for a 60-day public review. Clients have until September 21, 2020 to submit comments to the Commission and offer an opinion on the implementation plan.