News & Analysis as of

Energy Sector Cost Recovery

Akin Gump Strauss Hauer & Feld LLP

D.C. Circuit Sides with FERC; Prevents Full Abandonment

In 2005, Congress sought to encourage investment in the nation’s power grid by requiring the Federal Energy Recovery Commission (FERC) to establish “incentive-based” rate treatments for electric transmission facilities. Order...more

Snell & Wilmer

Proposed Changes in the Electric Utility Industry Would Fan the Embers of Stranded Costs

Snell & Wilmer on

Initiatives at ballot boxes, legislatures and regulatory agencies in various states in 2018 are aimed at changing the electric utility industry. Some seek a transition from fossil fuel reliance to renewable fuel dependence....more

Holland & Knight LLP

FERC Rejects Department of Energy's Bid for Coal, Nuclear Subsidies

Holland & Knight LLP on

• The Federal Energy Regulatory Commission (FERC) has voted to terminate a Notice of Proposed Rulemaking stemming from Department of Energy (DOE) Secretary Rick Perry's September 2017 proposal to initiate new pricing rules. ...more

Alston & Bird

FERC to Expedite Final Rule on Grid Reliability and Resilience Pricing

Alston & Bird on

On September 28, 2017, the U.S. Department of Energy released a Notice of Proposed Rulemaking (NOPR) directing the Federal Energy Regulatory Commission (FERC) to issue a final rule on grid reliability and resilience pricing....more

Stinson LLP

Surprise DOE Proposal Presses FERC to Provide Full Cost Recovery for Reliability Attributes of Generators in Bulk Power Markets

Stinson LLP on

On September 29, 2017, the Department of Energy (DOE) issued what DOE variously describes as a Notice of Proposed Rulemaking (NOPR) and a directive (Grid Resiliency Pricing Rule) that will involve DOE in wholesale electric...more

Cadwalader, Wickersham & Taft LLP

DOE Directs FERC to Issue Rule to Set Cost-Based Rates for Baseload Plants

On September 28, 2017, the Department of Energy (“DOE”) issued a Notice of Proposed Rulemaking (“NOPR”) proposing that Federal Energy Regulatory Commission (“FERC”) exercise its authority under sections 205 and 206 of the...more

Morgan Lewis

Potential Upstream Investment Under the New Iranian Petroleum Contract

Morgan Lewis on

The signing of the JCPOA regarding Iran nuclear sanctions may usher in a new era of major international investment in the Iranian oil and gas industry....more

Eversheds Sutherland (US) LLP

FERC Issues Policy Statement On Natural Gas Pipeline Modernization Cost Recovery

On April 16, 2015, FERC issued a Policy Statement in Cost Recovery Mechanisms for Modernization of Natural Gas Facilities, Docket No. PL15-1-000, 151 FERC ¶ 61,047 (2015). Effective October 1, 2015, the Policy Statement...more

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