PowerShark EQR Update – Release 1.6

PowerShark EQR Update – Release 1.6

PowerShark EQR Release 1.6 Available Now

Links Technology Solutions, Inc. is pleased to announce the immediate availability of PowerShark EQR Release 1.6. Beyond the addition of new features and performance gains, this software update aligns PowerShark EQR with FERC EQR releases 3.6 through 3.8. The release is freely available to existing customers at no additional cost. Upgrade today to gain all these benefits.

New Features

  • Users may configure which validations run and which don’t
  • Enabled checkbox filtering in all tables/grids

FERC Compliance

Validations

  • Validation performance is greatly improved
  • Many new and improved validations

Tables/Grids

  • Auto Filter Row has been removed from all tables/grids

Performance

  • Data validations run much more quickly
  • Bulk Updates run faster
  • And more

Additional Enhancements and Updates in These Areas

  • Bulk Update Tools
  • Transactions
  • Transaction Batches
  • UI/UX

If you have any questions or need assistance upgrading, contact Links Technology’s helpful, knowledgeable, and friendly PowerShark EQR Support team.

Since its initial release in August 2013, PowerShark EQR has been adopted by many utilities who were looking for a simple yet powerful and affordable FERC EQR solution. Today, many companies across the country are running PowerShark EQR as an Enterprise solution or as a Hosted solution in our SSAE 16 SOC II certified data center.

If you haven’t seen PowerShark EQR in action or it’s been a while since you last saw a demo, then maybe it’s time you took another look at our product and see what many are saying is the most complete and affordable EQR solution available! Please contact Bob VanValkenburg at sales@powersharkeqr.com or call 847-252-7286 to schedule a demo or free trial of PowerShark EQR today!

Changes to EQR Validations

Changes to EQR Validations

The Federal Energy Regulatory Commission (FERC) has updated their Electric Quarterly Reporting (EQR) software to Release 3.6, which has affected a few validations.

FERC EQR Release 3.6

  • 12/2/2019 – FERC posted updated EQR Release Notes identifying changes made in Release 3.6.
  • 12/31/2019 – FERC posted updated validation rules documentation (PDF, Excel).

Summary of Changes

  • A few existing validation warnings no longer apply for reporting periods of Q4 2019 and later
    • F.25.19 – Trade Date (Field 53) should not be empty or null if the transaction was entered into on or after 7/1/2013.
    • F.25.20 – Standardized Price (Field 68) should not be empty or null for Energy, Booked Out Power, or Capacity products if the transaction was entered into on or after 7/1/2013.
    • F.25.21 – Type of Rate (Field 55) should not be empty or null if the transaction was entered into on or after 7/1/2013.
    • F.25.24 – Standardized Quantity (Field 67) should not be empty or null for Energy, Booked Out power, or Capacity products if the transaction was entered into on, or after 7/1/2013.
  • A few new validation errors were added that apply for reporting periods Q4 2019 and later
    • F.30.42 – Trade Date (Data Dictionary Field No. 53) is required WHEN Contract Execution Date (Data Dictionary Field No. 21) is on or after 7/1/2013. Please review transactions with Transaction Unique IDs […list…]
    • F.30.43 – Transaction Type of Rate (Data Dictionary Field 55) is required when Contract Execution Date (Data Dictionary Field 21) is on or after 7/1/2013. Please review transactions with Transaction Unique IDs […list…]
    • F.30.44 – For product names ENERGY, CAPACITY, and BOOKED OUT POWER only. Standardized Price (Data Dictionary Field No. 68) is required when Contract Execution Date (Data Dictionary Field 21) is on or after 7/1/2013. Please review transactions with Transaction Unique IDs […list…]
    • F.30.45 – For product names ENERGY, CAPACITY, and BOOKED OUT POWER only. Standardized Quantity (Data Dictionary Field No. 67) is required when Contract Execution Date (Data Dictionary Field 21) is on or after 7/1/2013. Please review transactions with Transaction Unique IDs […list…]
    • F.30.48 – Transaction Point of Delivery Specific Location (PODSL) (Data Dictionary Field No. 58) is required. Please review transactions with Transaction Unique IDs […list…]
Figure 1: Changes highlighted in FERC Validations document

Next Steps for PowerShark EQR

We are working on a software update that will accommodate these changes to EQR validations as well as other enhancements to make PowerShark EQR faster and easier to use. Stay tuned for more info.

Do you have questions or need help with PowerShark EQR, contact Support.

If you haven’t seen PowerShark EQR in action or it’s been a while since you last saw a demo, then maybe it’s time you took another look at our product and see what many are saying is the most complete and affordable EQR solution available!  Please contact Bob VanValkenburg at sales@powersharkeqr.com or call 847-252-7286 to schedule a demo or free trial of PowerShark EQR today!

PowerShark EQR Update – Release 1.5

PowerShark EQR Update – Release 1.5

PowerShark EQR Release 1.5 Available Now

Links Technology Solutions, Inc. is pleased to announce the immediate availability of PowerShark EQR Release 1.5. This software update provides improved software and database performance. The release is freely available to existing customers at no additional cost. Upgrade today to gain all of these benefits.

Performance

  • Importing data, especially Transactions, runs much more quickly.
  • Validations run more quickly.
  • Navigating around the PowerShark EQR client is snapper, especially in the Transactions module.

Validations

  • C011: Adjusted wording of validation message for clarity.
  • C012: Changed to FAIL; no longer a WARNING.
  • F901: Now calculates Transaction duration correctly when a Transaction begins on one day and ends on another.
  • F907: Consistently validates price between -1 and 1 when validating Transactions and Transaction Batches.
  • T908: Now accurately aligned with FERC’s F.25.25 validation. Also adjusted wording of validation message for clarity.

Since its initial release in August 2013, PowerShark EQR has been adopted by many utilities who were looking for a simple yet powerful and affordable FERC EQR solution. Today, many companies across the country are running PowerShark EQR as an Enterprise solution or as a Hosted solution in our SSAE 16 SOC II certified data center.

If you haven’t seen PowerShark EQR in action or it’s been a while since you last saw a demo, then maybe it’s time you took another look at our product and see what many are saying is the most complete and affordable EQR solution available! Please contact Bob VanValkenburg at sales@powersharkeqr.com or call 847-252-7286 to schedule a demo or free trial of PowerShark EQR today!

FERC Posts One New Balancing Authority

On April 1, 2019, FERC posted an update to the following EQR resources:

What has changed?

Starting with Q1 2019, HMPL is a new, valid balancing authority.

How does this affect me?

When you prepare an EQR, the data you provide in Data Dictionary fields 39, 41, and 57 are verified against a set of predefined, valid values. EQRs prepared for Q1 2019 and later may use Balancing Authority value HMPL.

How do we update PowerShark EQR?

Use the PowerShark EQR Lookup Refresh Utility (or LRU) to stay current with FERC data values. If you are already running the LRU on a scheduled basis, your database has been updated and there is nothing more to do. You can learn more about the LRU in our October 2017 announcement.

Questions?

If you have questions or run into any issues downloading or running the LRU, PowerShark EQR Support is ready to assist.