The Federal Energy Regulatory Commission (FERC) has announced that starting March 28, 2025, certain taxonomies, validation rules, and rendering files used for filing various FERC forms will be updated to Version 2025-04-01. This update applies to forms including FERC Form Nos. 1, 1-F, 2, 2-A, 3-Q electric and natural gas, 6, 60, and 714. The draft version of these updated files, Version 2025-01-01, is available for download and feedback until March 3, 2025. The new version will incorporate technical enhancements and updates to adapt to newer technologies and standards.
Simple Explanation
The Federal Energy Regulatory Commission (FERC) is telling everyone that they're going to make some changes to the way certain forms are filled out. Starting in March 2025, these forms will have some new technical parts to make sure they work better with new computers and technologies. People can look at the changes now and give their thoughts on them until March 2025.