Notice2021-15543
Commission Information Collection Activities (Ferc-552); Comment Request; Extension
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 22, 2021
Issuing agencies
Energy DepartmentFederal Energy Regulatory Commission
Abstract
In compliance with the requirements of the Paperwork Reduction Act of 1995, the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on a renewal of currently approved information collection FERC-552, (Annual Report of Natural Gas Transactions), which will be submitted to the Office of Management and Budget (OMB) for review.
Full Text
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<title>Federal Register, Volume 86 Issue 138 (Thursday, July 22, 2021)</title>
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[Federal Register Volume 86, Number 138 (Thursday, July 22, 2021)]
[Notices]
[Pages 38709-38710]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-15543]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC21-25-000]
Commission Information Collection Activities (Ferc-552); Comment
Request; Extension
AGENCY: Federal Energy Regulatory Commission, Department of Energy.
ACTION: Notice of information collection and request for comments.
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SUMMARY: In compliance with the requirements of the Paperwork Reduction
Act of 1995, the Federal Energy Regulatory Commission (Commission or
FERC) is soliciting public comment on a renewal of currently approved
information collection FERC-552, (Annual Report of Natural Gas
Transactions), which will be submitted to the Office of Management and
Budget (OMB) for review.
DATES: Comments on the collection of information are due August 23,
2021.
ADDRESSES: Send written comments on FERC-552 to OMB through
<a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Attention: Federal Energy Regulatory
Commission Desk Officer. Please identify the OMB Control Number (1902-
0242) in the subject line of your comments. Comments should be sent
within 30 days of publication of this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>.
Please submit copies of your comments to the Commission. You may
submit copies of your comments (identified by Docket No. IC21-25-000)
by one of the following methods:
Electronic filing through <a href="http://www.ferc.gov">http://www.ferc.gov</a>, is preferred.
<bullet> Electronic Filing: Documents must be filed in acceptable
native applications and print-to-PDF, but not in scanned or picture
format.
<bullet> For those unable to file electronically, comments may be
filed by USPS mail or by hand (including courier) delivery.
[cir] Mail via U.S. Postal Service Only: Addressed to: Federal
Energy Regulatory Commission, Secretary of the Commission, 888 First
Street NE, Washington, DC 20426.
[cir] Hand (Including Courier) Delivery: Deliver to: Federal Energy
Regulatory Commission, 12225 Wilkins Avenue, Rockville, MD 20852.
Instructions: OMB submissions must be formatted and filed in
accordance with submission guidelines at <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Using the search function under the ``Currently Under Review''
field, select Federal Energy Regulatory Commission; click ``submit,''
and select ``comment'' to the right of the subject collection.
FERC submissions must be formatted and filed in accordance with
submission guidelines at: <a href="http://www.ferc.gov">http://www.ferc.gov</a>. For user assistance,
contact FERC Online Support by email at <a href="/cdn-cgi/l/email-protection#761013041519181a1f181305030606190402361013041558111900"><span class="__cf_email__" data-cfemail="573132253438393b3e393224222727382523173132253479303821">[email protected]</span></a>, or
by phone at: (866) 208-3676 (toll-free).
Docket: Users interested in receiving automatic notification of
activity in this docket or in viewing/downloading comments and
issuances in this docket may do so at <a href="https://www.ferc.gov/ferc-online/overview">https://www.ferc.gov/ferc-online/overview</a>.
FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at
<a href="/cdn-cgi/l/email-protection#a3e7c2d7c2e0cfc6c2d1c2cdc0c6e3e5e6f1e08dc4ccd5"><span class="__cf_email__" data-cfemail="7e3a1f0a1f3d121b1f0c1f101d1b3e383b2c3d50191108">[email protected]</span></a>, telephone at (202) 502-8663.
SUPPLEMENTARY INFORMATION:
Title: FERC Form No. 552, Annual Report of Natural Gas
Transactions.
OMB Control No.: 1902-0242.
Type of Request: Three-year extension of the FERC Form No. 552
information collection requirements with no changes to the current
reporting requirements.
Abstract: The Commission uses the information collected in the FERC
Form No. 552 \1\ to provide greater transparency into the size of the
physical natural gas market and the use of physical fixed-price and
index-based natural gas transactions. This information assists the
Commission and the public in assessing whether index prices are the
result of a robust market of fixed-price transactions.
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\1\ FERC Form No. 552 is prescribed in 18 CFR 260.401.
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FERC Form No. 552 had its genesis in the Energy Policy Act of
2005,\2\ which added section 23 of the Natural Gas Act (NGA). Section
23 of the NGA, among other things, directs the Commission ``to
facilitate price transparency in markets for the sale or transportation
of physical natural gas in interstate commerce, having due regard for
the public interest, the integrity of those markets,
[[Page 38710]]
and the protection of consumers.'' \3\ The 60-day notice comment period
ended on 7/12/2021 and the Commission received no comments.\4\
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\2\ Energy Policy Act of 2005, Public Law 109-58, sections 1261
et seq., 119 Stat. 594 (2005).
\3\ 15 U.S.C. 717t-2(a)(1)(2006).
\4\ 86 FR 26022 (5/12/2021).
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Type of Respondents: Wholesale natural gas market participants.
Estimate of Annual Burden:\5\ The Commission estimates the average
annual burden and cost \6\ for this information collection as follows.
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\5\ Burden is defined as the total time, effort, or financial
resources expended by persons to generate, maintain, retain, or
disclose or provide information to or for a Federal agency. Refer to
5 CFR 1320.3 for additional information.
\6\ Costs (for wages and benefits) are based on wage figures
from the Bureau of Labor Statistics (BLS) for May 2020 (at <a href="https://www.bls.gov/oes/current/naics2_22.htm">https://www.bls.gov/oes/current/naics2_22.htm</a>) and benefits information
(issued March 2020, <a href="https://www.bls.gov/news.release/ecec.nr0.htm">https://www.bls.gov/news.release/ecec.nr0.htm</a>).
The staff estimates that 75% of the work is done by a financial
analyst (code 13-2098) at an hourly cost of $66.09 (for wages plus
benefits), and 25% of the work is done by legal staff members (code
23-0000) at an hourly cost of $142.25 (for wages plus benefits).
Therefore, the weighted cost (for wages plus benefits) is calculated
to $85.13/hour [or ($66.09/hour * 0.75) + ($142.25/hour * 0.25)].
FERC Form No. 552, Annual Report of Natural Gas Transactions
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Average
Number of Annual number Total number Annual average burden Total average annual annual cost
Category respondents of responses of responses hrs. & cost ($) per burden hrs. & cost ($) per respondent
per respondent response ($) (rounded)
(1) (2) (1) * (2) = (4)..................... (3) * (4) = (5)........ (5) / (1)
(3)
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Wholesale natural gas market 688 1 688 20 hrs.; $1,702.60...... 13,760 hrs.; 1,702.60
participants. $1,171,388.80.
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Comments: Comments are invited on: (1) Whether the collection of
information is necessary for the proper performance of the functions of
the Commission, including whether the information will have practical
utility; (2) the accuracy of the agency's estimate of the burden and
cost of the collection of information, including the validity of the
methodology and assumptions used; (3) ways to enhance the quality,
utility and clarity of the information collection; and (4) ways to
minimize the burden of the collection of information on those who are
to respond, including the use of automated collection techniques or
other forms of information technology.
Dated: July 15, 2021.
Debbie-Anne A. Reese,
Deputy Secretary.
[FR Doc. 2021-15543 Filed 7-21-21; 8:45 am]
BILLING CODE 6717-01-P
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