Often referred to as “the world’s most important number”, the London Interbank Offered Rate (LIBOR) is used as the reference interest rate for a range of commercial and financial contracts worth hundreds of trillions of dollars globally...
On Thursday, March 21, 2019, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued two Notices of Inquiry (“NOIs”). One NOI focuses on FERC’s approach to determining the Return on Equity (“ROE”) for FERC jurisdictional electric transmission and cost-based wholesale power rates (“ROE Inquiry”)...
A February 21, 2019 Federal Energy Regulatory Commission (“FERC”) order updated certain FERC interlocking directorate requirements (“Order”).[1] More detailed background information on FERC’s interlocking directorate requirements is provided below, but in short, these requirements apply to the officers and directors...
On May 10, 2018, Partner Jessica Adkins and Associate Paul McBride gave the following presentation at the May luncheon for the Houston chapter of the Gulf Coast Power Association (GCPA). Their presentation focused on corporate purchasers as the driving force for the development of new renewable energy projects and key offtake structures available to generators when working with these corporate counterparties.
On May 8, 2018, Senior Counsel Simon Stevens gave the following presentation at the Middle East Solar Industry Association’s (MESIA) Solar Industry Briefing & Networking event in the Kingdom of Saudi Arabia. His presentation examines a case study for bid compliance within Saudi Arabia.
On March 30, 2018, the U.S. District Court for the Southern District of Ohio issued an opinion granting in part and denying in part motions to dismiss the Federal Energy Regulatory Commission’s (“FERC”) action seeking to enforce its assessment of civil penalties against Coaltrain...
On February 15, 2018, the Federal Energy Regulatory Commission (“FERC”) revised its regulations to require all newly interconnecting generation facilities to install, maintain, and operate equipment capable of providing primary frequency response as a condition of interconnection...
On February 15, 2018, the Federal Energy Regulatory Commission (“FERC”) adopted a final rule (“Order No. 841”) [1] that facilitates the direct participation of electric storage resources in centralized markets operated by Regional Transmission Organizations (“RTOs”) and Independent System Operators (“ISOs”)...
On February 14, Environmental Strategies Partner Jeff Holmstead testified before the House Committee on Energy and Commerce on the need to reform EPA’s New Source Review (NSR) program. As the former head of EPA’s Air Office, Holmstead argues that thoughtful reform can preserve the benefits of the NSR program while substantially reducing the burden that it imposes on U.S. industry.
