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PJM’s New ‘Focused’ MOPR Goes Into Effect by Operation of Law

PJM Interconnection Inc.’s (PJM) new “Focused” Minimum Offer Price Rule (MOPR) went into effect on September 29, 2021, by operation of Section 205 of the Federal Power Act (FPA), because the Federal Energy Regulatory...more

FERC To Hold Technical Conference on Effect of COVID-19 on Energy Industry

The Federal Energy Regulatory Commission (FERC) has announced that it will convene a two-day electronic technical conference in July to consider the ongoing, serious impacts that the emergency conditions caused by the novel...more

IRS Announces Extension of ‘Continuity Safe Harbor’ for Renewable Energy Projects

The IRS announced in Notice 2020-41 relief for taxpayers developing renewable energy projects to satisfy the “beginning of construction” requirement by extending the four-year “continuity safe harbor” for certain projects...more

FERC Denies Rehearing of and Clarifies Its Orders on PJM Capacity Market MOPR

At an April 16 “virtual” open meeting conducted via an audio-only conference call due to the COVID-19 national emergency, the Federal Energy Regulatory Commission (FERC) largely denied rehearing its two orders addressing...more

4/24/2020  /  Energy Sector , FERC , Renewable Energy

FERC and NARUC Heads Support Request of Utilities to Extend CPFF

On April 7, Neil Chatterjee, Chairman of the Federal Energy Regulatory Commission (FERC) and Brandon Presley, President of the National Association of Regulatory Utility Commissioners (NARUC) sent a letter to the Chairman of...more

FERC Announces Additional Policies and Procedures in Response to COVID-19 Emergency

Last Thursday, in a number of separate orders, notices and statements, the Federal Energy Regulatory Commission (FERC) announced new and supplemental policies to assist companies subject to FERC’s jurisdiction in meeting...more

PJM Makes MOPR Compliance Filing and Proposes Timing for Delayed RPM Auction

Ohio Commission Requests Comment Delay for COVID-19 Emergency On March 18, PJM Interconnection, L.L.C (PJM) filed with the Federal Energy Regulatory Commission (FERC) proposed changes to its Tariff in compliance with FERC’s...more

Stimulus Package Lacks Relief For Renewable Energy

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) is expected to be enacted as early as March 27, 2020. The CARES Act provisions are intended to provide individuals and companies with liquidity as the world...more

FERC Announces Policies and Procedures to Continue Work During COVID-19 Emergency

Late last week, Federal Energy Regulatory Commission (FERC) Chairman, Neil Chatterjee, announced in a statement and a teleconference with reporters held in lieu of FERC’s March 19 open meeting, how FERC will conduct business...more

The COVID-19 Crisis and Force Majeure in Credit Agreements

With respect to lender performance obligations (including to fund advances) under a New York law governed credit agreement, the COVID-19 crisis raises a question as to whether lenders may invoke force majeure (or similar...more

Energy Outlook 2019

2019 looks set to be a dynamic year in the energy markets, with the oil & gas industry potentially going back into growth mode, the accelerated expansion of renewable energy worldwide and a new chapter in the development of...more

Energy Update - February 2018

We are pleased to release the latest issue of our client newsletter, “Energy Update,” designed to inform clients and friends of the firm about important developments affecting U.S. and international energy markets. ...more

Energy Update - September 2017

We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting U.S. and international energy markets. ...more

Energy Update - May 2017

We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets. ...more

Energy Update - February 2017

We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets. ...more

Early Views on the US Energy and Infrastructure Sectors Under a Trump Administration

Energy and infrastructure policy was as at the forefront of the presidential election discussion and has continued to be highlighted as a focus for the Trump administration. Here, we take an early look at how a Trump...more

Energy Update - September 2016

We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets. ...more

Energy Update - April 2016

We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets. ...more

Accounting for FERC’s Ability to Revoke MBR Authority in Project Financing Agreements

On June 9, the Federal Energy Regulatory Commission (“FERC”) issued an order revoking authority to charge negotiated “market-based” rates (“MBR Authority”) previously granted to several subsidiaries of Berkshire Hathaway...more

Cleantech and Transportation Intersect in the 2017 U.S. Federal Budget Proposal

With the federal budget process for FY2017 and related appropriation discussions expected to heat up over the next couple of months, the previously announced 21st Century Clean Transportation Plan (the “CTP”) continues to be...more

Energy Update - January 2016

We are pleased to introduce our client newsletter, “Energy Update,” designed to inform clients and friends of the firm about important developments affecting US and international energy markets. Issues and topics to be...more

Shining a Light on Payments to Governments: SEC Proposes New "Publish What You Pay" Rule

On December 11, 2015, the US Securities and Exchange Commission (“SEC”) issued a proposed rule to implement Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). Section 1504...more

Shining a Light on Payments to Governments: The Current State of “Publish What You Pay” Rulemaking Around the World

Over the last few years, a number of key jurisdictions have adopted regulations requiring companies engaged in natural resource extraction activities to disclose the payments they make to governments and state-owned...more

Client Alert: Obama Unveils New Climate Plan

President Obama detailed a number of goals he intends to pursue administratively aimed at combating greenhouse gas emissions and increasing the use of renewable energy....more

Client Alert: Master Limited Partnerships Parity Act Reintroduced in US Senate and House

On April 24, 2013, Senator Chris Coons (D-DE), and Senate co-sponsors Jerry Moran (R-KS), Debbie Stabenow (D-MI) and Lisa Murkowski (R-AK) re-introduced legislation that would modify the Internal Revenue Code (the “Code”) to...more

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