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NPR Number 845 NPR Title MR Process and Agreement RevisionsDate June 7, 2018Submitters Information Name David See on behalf of the Wholesale Market Subcommittee (WMS) Email Address DEKee@CPSEnergy.comCompany CPS
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Energy market transformation refers to the changes and adjustments made in energy markets to improve efficiency, promote renewable energy sources, enhance grid reliability, and advance technological innovations, ultimately leading to a sustainable energy future.
Entities involved in energy generation, distribution, and consumption, including utilities, energy service providers, and other stakeholders in the energy market, are typically required to file energy market transformation.
To fill out energy market transformation, entities need to collect relevant data pertaining to energy usage, efficiency measures, and other metrics as specified by regulatory authorities, and then complete the required forms or reports in accordance with those guidelines.
The purpose of energy market transformation is to facilitate the shift towards more sustainable energy practices, ensure the reliability of energy systems, support the integration of renewable resources, and ultimately reduce greenhouse gas emissions.
Entities must report data such as energy consumption statistics, efficiency measures implemented, renewable energy usage, financial expenditures related to energy initiatives, and any other metrics mandated by regulatory agencies.
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