Regional joint boards to study electric load forecasting

(a) In general (1) Establishment Not later than 90 days after the date of enactment of this Act, the Federal Energy Regulatory Commission shall establish— (A) regions determined appropriate by the Commission for purposes of studying electric load forecasting; and (B) a joint board for each such region. (2) Regions In carrying out paragraph (1), the Commission shall ensure that each State is included in a region established under such paragraph. (b) Membership Each joint board established under this section shall be composed of— (1) 1 representative from each State commission in the region for which the joint board is established; and (2) 1 member of the Commission, who shall serve as chair of the joint board. (c) Duties Each joint board established under this section shall— (1) study issues relevant to identifying best practices for electric load forecasting that enhance the reliability and affordability of electric service to customers in the region for which the joint board is established, including, with respect to the region for which the joint board is established— (A) the effects of electric load forecasting on the affordability of electric service; (B) the reliability and resilience of electric service; (C) the methods used for collecting and modeling data relating to electric load forecasting; (D) the transparency of the data and methodologies used to forecast electric loads and the accuracy of such forecasts; (E) stakeholder engagement relating to electric load forecasting; (F) economic development projections that may affect the electric load; (G) the best available technologies, methodologies, and procedures for forecasting electric loads; and (H) an evaluation of requests for electric service by industrial or commercial facilities with large loads, including whether such facilities have made financial commitments to an electric utility; (2) identify such best practices; and (3) report on such best practices to the Commission. (d) Report to Congress Not later than 1 year after the date of enactment of this Act, the Commission shall publish and submit to Congress a report that includes— (1) the best practices reported under subsection (c); and (2) recommendations for the consistent use across States of any such best practices by electric utilities. (e) Termination Each joint board established under this section shall terminate on the day after the date on which the Commission submits the report under subsection (d). (f) Definitions In this section, the terms electric utility, State, and State commission have the meanings given such terms, respectively, in section 3 of the Federal Power Act (16 U.S.C. 796).

(a) In general (1) Establishment Not later than 90 days after the date of enactment of this Act, the Federal Energy Regulatory Commission shall establish— (A) regions determined appropriate by the Commission for purposes of studying electric load forecasting; and (B) a joint board for each such region. (2) Regions In carrying out paragraph (1), the Commission shall ensure that each State is included in a region established under such paragraph. (b) Membership Each joint board established under this section shall be composed of— (1) 1 representative from each State commission in the region for which the joint board is established; and (2) 1 member of the Commission, who shall serve as chair of the joint board. (c) Duties Each joint board established under this section shall— (1) study issues relevant to identifying best practices for electric load forecasting that enhance the reliability and affordability of electric service to customers in the region for which the joint board is established, including, with respect to the region for which the joint board is established— (A) the effects of electric load forecasting on the affordability of electric service; (B) the reliability and resilience of electric service; (C) the methods used for collecting and modeling data relating to electric load forecasting; (D) the transparency of the data and methodologies used to forecast electric loads and the accuracy of such forecasts; (E) stakeholder engagement relating to electric load forecasting; (F) economic development projections that may affect the electric load; (G) the best available technologies, methodologies, and procedures for forecasting electric loads; and (H) an evaluation of requests for electric service by industrial or commercial facilities with large loads, including whether such facilities have made financial commitments to an electric utility; (2) identify such best practices; and (3) report on such best practices to the Commission. (d) Report to Congress Not later than 1 year after the date of enactment of this Act, the Commission shall publish and submit to Congress a report that includes— (1) the best practices reported under subsection (c); and (2) recommendations for the consistent use across States of any such best practices by electric utilities. (e) Termination Each joint board established under this section shall terminate on the day after the date on which the Commission submits the report under subsection (d). (f) Definitions In this section, the terms electric utility, State, and State commission have the meanings given such terms, respectively, in section 3 of the Federal Power Act (16 U.S.C. 796).