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Inflation Reduction Act
FERC Looks to Past for Future Anti-fraud Enforcement
In the Domenici-Barton Energy Policy Act of 2005 (EPAct 2005), Congress looked to the antifraud provisions of the Securities Exchange Act of 1934 ('34 Act) in adding new section 4A of the Natural Gas Act (NGA) and new section 222...
We Gotta Get Out of this Place: LG&E and KU Ask to Leave MISO
Unimpressed with the touted benefits of RTO membership, LG&E Energy has petitioned FERC to allows its operating utilities Louisville Gas & Electric and Kentucky Utilities to withdraw from the Midwest Independent System Operator (MISO). LG&E Energy instead wants Tennessee Valley...
DOE Increases Reporting Requirements in Effort to Increase Response to Natural Gas Supply Needs
In an effort to improve the country's ability to respond to future energy-related supply problems and to keep the general public informed on the current state of natural gas trading, the Department of Energy's Office of Fossil Energy ("OFE") has...
FERC Shoots Down First Public Utility to Seek Waiver of QF Purchase Requirement
On the same day that it proposed a rulemaking implementing many provisions of the Energy Policy Act of 2005 (EPAct 2005) regarding qualifying small power production and cogeneration facilities (QFs), FERC shot down the first request of a traditional public...
Reductions of Power Plant Emissions on the Minds of State Regulators
Reducing power plant emissions seems to be the priority du jour , as several state regulatory agencies consider plans to comply with the EPA's new clean air interstate rule ("CAIR"). Passed in March of this year, CAIR permanently caps sulfur...
U.S. Supreme Court Will Not Review Decision Prohibiting Courts from Ruling on Wholesale Power Prices
Fallout from the 2000-2001 western energy crisis persisted in April. In a case involving one of the relatively smaller claims to arise out of the crisis, on April 18, 2005, the US Supreme Court denied the petition of the State...
California Assembly Again Considers Retail Choice for Large Customers
The California State Assembly is considering the possibility of returning retail choice to the state, after its suspension during the 2000-2001 energy crisis. Assembly Bill 1704 ("AB 1704"), introduced by Assemblyman Keith Richman (R-Granada Hills), would establish a core/non-core retail...
FERC Asks for Comments on the Roles of RTOs and ISOs in Establishing Reference Prices for Mitigation
On April 1, 2005, FERC invited comments on the roles of Regional Transmission Organizations ("RTO"), Independent System Operators ("ISO"), or their market monitors in establishing reference prices to be used to lower or "mitigate" wholesale power prices deemed to be...
Meet the new NNPC – different from the old NNPC?
What has happened? The Nigerian National Petroleum Corporation has officially “relaunched” as NNPC Limited in a high profile ceremony led by President Buhari. This transition involves the incorporation of a new CAMA company, which is wholly owned by the Nigerian...