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FERC enhances XBRL filing with version update

Posted on January 7, 2024 by Editor

The US Federal Energy Regulatory Commission (FERC) is advancing its XBRL filing process with the release of Version 2024-04-01 for FERC Forms. Effective from the first quarter of 2024, this update encompasses taxonomies, validation rules and rendering files for Forms 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 60, and 714.

Stakeholders can access draft versions for testing on the eForms portal, with the opportunity to provide feedback until 1 March 2024.

From 28 March 2024, FERC requires the use of Version 2024-04-01 for all relevant filings. This includes the 2023 FERC Form Nos. 60 and 714 and the 2024 FERC Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, and 6. Detailed version information is available on the Taxonomy History page.

For further details, read the FERC announcement here.

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