Electricity

News & Analysis as of

Mexico Projects Part III: Round Zero

As a follow-on to our client alerts “México Projects: Get Ready, Get Set . . .” and “México Projects Part II: Off to the Races!,” this alert summarizes one of the next steps of the Constitutional reforms opening both the oil...more

Summary of FERC Meeting Agenda - March 2014

In This Issue: - Administrative Items - Electric Items - Miscellaneous Items - Gas Item - Hydro Item - Certificate Items - Excerpt from Electric Items: E-1: California Independent System Operator...more

Legal Alert: MTC to Explore Apportionment Regulations for Cloud Services, Software and Electricity

While meeting in Denver this week, the Multistate Tax Commission's Income Tax Uniformity Subcommittee advanced two separate projects to develop industry-specific apportionment regulations. One project will look at the...more

Solar, geothermal led new US capacity in January 2014

Solar and geothermal resources led the new utility-scale electric generating capacity installed in the U.S. in January 2014, according to a report by the staff of the Federal Energy Regulatory Commission. In all, the report...more

Energy Newsletter - March 2014

In This Issue: - REGULATORY: Oil & Gas Regulatory, Government Relations: Congress Probes Crude Rail Safety Developments; Voluntary Industry-Regulator Agreement Addresses Safety Concerns - Environmental: A "Diesel...more

Mexico Adopts Major Energy Reforms Restructuring its Electric Power Sector

Mexico has recently adopted amendments to the Mexican Constitution that will profoundly change all aspects of the electric power sector in Mexico. Among other things, those amendments reduce the role of the State in the power...more

NRDC and EEI Issue Joint Statement on Decoupling, Net Metering?

The Natural Resources Defense Council ??(“NRDC”) and the Edison Electric Institute?? (“EEI”) ?announced last week that they agree – in principle – that certain changes are needed to the rate ?structures of electric utilities....more

Crude Allegations: Corruption in the Energy Trading Sector

The world-wide energy trading sector, where traders match physical supply and demand of energy by purchasing, reselling, and moving commodities (crude oil and refined products, natural gas, coal, and even electricity) across...more

Innovation and the Changing Regulation of the Electric Industry

On November 4, 2013, the Arizona Corporation Commission opened a docket entitled "Inquiry into potential impacts to the current utility model resulting from innovation and technological developments in generation and delivery...more

Fourth Circuit Upholds FERC Transmission Incentives Order Despite Intervening Change in Policy

On January 24, the U.S. Court of Appeals for the Fourth Circuit upheld an order issued by the Federal Energy Regulatory Commission (FERC) in 2012 denying rehearing (Rehearing Order) of a 2008 order granting Virginia Electric...more

FERC Paves the Way for Higher Capacity Prices in Advance of the Upcoming ISO-NE Capacity Market Auction

On Friday January 24, 2014, the Federal Energy Regulatory Commission issued companion orders: (1) approving a proposal to double the administrative price that will apply in instances of inadequate supply or insufficient...more

FERC Issues Notice of Alleged Violations In Connection with 2011 Blackout

On January 22, 2014, the staff (Staff) of the Office of Enforcement of the Federal Energy Regulatory Commission (FERC of the Commission) issued a Staff Notice of Alleged Violations (Preliminary Notice) relating to a September...more

FERC Enforcement Director Calls For Legislative Fix To Address Hunter Decision

On January 15, 2014, Mr. Norman Bay, Director of the Office of Enforcement at the Federal Energy Regulatory Commission (FERC), testified at a Senate Banking Subcommittee on Financial Institutions and Consumer Protection...more

Electricity and Super Bowl XLVIII: Will the lights stay on?

Fans will soon pack MetLife Stadium for Super Bowl XLVII. The National Football League's 2013-2014 season championship game will be held on February 2 at 6:30 PM (Eastern). Following the power outage during last year's Super...more

Electric Utility Securitizations

Traditional utility securitizations, enabled by statute in approximately 17 states, have been used numerous times over the past 16 years to recover “stranded costs” resulting from deregulation, and environmental/pollution...more

Mexico Opens Up Its Energy Industry: The Liberalization of Mexico’s Energy Sector May Lead to New Opportunities for Investors

Mexico’s president, Enrique Peña Nieto, introduced a reform in August 2013, according to which the Mexican state will give up absolute control over the supply of oil, gas and electricity. The relevant bill changing the...more

What Kept the Holiday Lights Twinkling? Ontario’s Long-Term Energy Plan’s Impact on the Nuclear Industry

In December, Heenan Blaikie published “Achieving Balance, Ontario’s New Long-Term Energy Plan: A Plan with Potential Sparks for the Future”, an overview of the Long-Term Energy Plan (“LTEP”) for Ontario’s energy generation...more

Massachusetts DPU Presents Straw Proposal For Modernizing The Electric Grid

On December 23rd, the Massachusetts Department of Public Utilities (DPU) issued a straw proposal in docket 12-76 outlining a regulatory mechanism intended to advance modernization of the electric grid in Massachusetts. The...more

Revisiting the Mexican Energy Reform Part 1 of 3

I made an early review of the Mexican Energy Reform. Now it is time to revisit in full. This is part 1 of 3 for a series of posts trying to construe the recently approved Mexican Energy Reform. Despite the political opinions,...more

Summary of FERC Meeting Agenda - December 2013

In This Issue: - Administrative Items - Electric Items - Gas Items - Hydro Items - Certificate Items - Excerpt from Hydro Items: H-1: FFP Qualified Hydro 14, LLC, Docket No....more

Key Developments in Electricity Generation in California

Electricity Generation in California: Key Developments and Trends, a webcast hosted by Latham & Watkins partner Michael Carroll and associate Marc Campopiano, focused on the recent developments that are constraining...more

Italy: Changes to Minimum Guaranteed Electricity Sales Price for Renewable Energy Plants

On 13 December 2013, the Italian Government approved the Destinazione Italia Decree (the Decree), which, amongst other things amends the regulatory framework applicable to renewable energy source plants (RES plants)....more

SDG&E Issues Renewables RFO

On December 16, 2013, San Diego Gas & Electric Company (SDG&E) issued its 2013 Request for Offers ("RFO") seeking Eligible Renewable Resources. This solicitation will facilitate SDG&E’s compliance with California’s Renewables...more

Mexican Federal Congress Approves Important Constitutional Energy Reform Bill

As we previously reported, on August 12, 2013, Mexican President Enrique Peña Nieto submitted a highly anticipated constitutional reform proposal to the Mexican Congress for purposes of restructuring the Mexican energy...more

CPUC Extends Comment Period to Friday on Net-Energy Metering Transition: Law Impacts Public Agencies With Renewable Energy...

The California Public Utilities Commission (CPUC) granted a one-week extension until December 13 for interested parties to submit comments on establishing a transition period under the newly signed Assembly Bill 327 (AB 327)....more

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