The Structure Group Offers Support For New FERC Reporting Requirements

The Structure Group, an international software and consulting company providing solutions for the deregulated energy industry, announces the availability of business consulting and technical solutions for the newly released Federal Energy Regulatory Commission (FERC) Electric Quarterly Report (EQR) requirements.

On April 25, 2002, FERC released a Final Ruling affecting public utilities, power marketers, and any other organization that has sold power into the U.S. grid. The rule is effective immediately, with the first Electric Quarterly Report (EQR) due for submittal July 31, 2002, for second quarter power sales. The reports will include details on both the contractual terms and conditions in their agreements for all market-based power sales, cost-based power sales, and transmission services as well as transaction information for short-term and long-term market-based and cost-based power sales and ancillary services. The ruling also delineates specific data format requirements for this report.

"Energy trading audit and reporting functions have garnered a significant amount of scrutiny recently," Structure principal David Shepheard said. "At Structure, we think that a step toward restoring confidence in the energy sector is for industry participants to comply with the new reporting requirements in a timely and accurate manner."

In response to strong customer interest, The Structure Group has developed several offerings aimed at minimizing the impact of the new reporting requirements, including:

-Business consulting and project management services to expedite requirements definition and compliance program delivery efforts

-Data analysis and mapping services to evaluate individual company needs and systems

-Technical integration, data warehousing and report development services to automate the collection, auditing and reporting of required data in a timely manner

-Development of standard extract processes to collect information on ancillary services and real-time energy sales to ISOs, which are captured and verified in Structure's nMarket(TM) products for California, ERCOT, New England, New York, Ontario and PJM

-Development of executive dashboard views giving a concise overview of the reported transaction and contract data

The products and services can be purchased as a bundled, turnkey reporting and analysis solution, or can be implemented one by one depending on customer needs.

About The Structure Group

The Structure Group is a leading provider of energy trading business solutions and consulting services to market participants in North America and Europe. Established in 1998, Structure has experience working with top-tier organizations in all stages of the energy value chain. For more information about The Structure Group, visit www.thestructuregroup.com or contact us directly at media@scgo.com.