What are the FERC Standards of Conduct?
FERC Standards of Conduct (Order 717) require transmission providers to provide non-discriminatory, and not unduly preferential access to transmission service or transmission system information to all of its transmission customers, and without preference to its own affiliated Marketing Function Employees (MFEs).
What is the name of the federal agency that under Order No 717 requires training on the Standards of Conduct for transmission Providers?
the Federal Energy Regulatory Commission (FERC)
On October 16, 2008, the Federal Energy Regulatory Commission (FERC) issued Order No. 717, a final rule revising the Standards of Conduct (SOC) for Transmission Providers.
What is a transmission function employee?
(i) Transmission function employee means an employee, contractor, consultant or agent of a transmission provider who actively and personally engages on a day-to-day basis in transmission functions. (j) Transmission function information means information relating to transmission functions.
Which item would not be considered non public transmission function information?
means transmission information not posted on OASIS or otherwise publically available. *Any Transmission-Function Information that is not posted on OASIS is non-public information. 1.
What is the time frame for reporting emergency deviations from the standards of conduct on Oasis?
The purpose of this procedure is to ensure that all Emergency Deviations from the Standards of Conduct, as provided for at 18 C.F.R. ยง 358.7, are reported to the Federal Energy Regulatory Commission and posted on the OASIS within 24 hours of the occurrence of the emergency.
What department is the FERC under?
the Department of Energy
The Federal Energy Regulatory Commission (FERC) is an independent agency within the Department of Energy which regulates the interstate transmission of electricity, natural gas, and oil.
What is the maximum fine FERC could impose?
FERC raises maximum civil penalties to $1.3 million as part of annual update | S&P Global Platts.
What is a marketing function employee?
Marketing function employee means an employee, contractor, consultant or agent of a transmission provider or of an affiliate of a transmission provider who actively and personally engages on a day-to-day basis in marketing functions.