News & Analysis as of

Federal Energy Regulatory Commission Carbon Pricing

Foley Hoag LLP - Environmental Law

FERC Cannot Avoid the Social Cost of Carbon By Arguing That It is Not Universally Accepted

On August 3, the District of Columbia Court of Appeals held that FERC could not avoid use of the social cost of carbon in assessing the impacts of natural gas projects by arguing that “there is no universally accepted...more

Sheppard Mullin Richter & Hampton LLP

Six Key Items to be Aware of Today Regarding the Equator Principles IV

On October 1, 2020, the fourth edition of the Equator Principles came into effect. This fourth edition expands the scope of infrastructure projects that are captured by the principles and creates additional obligations for...more

Bracewell LLP

FERC Issues Carbon Pricing Policy

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On April 15, 2021, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued its much anticipated policy statement on carbon pricing in organized markets. The non-binding policy statement provides guidance...more

Bracewell LLP

Things Looking Up for Renewable Resources at Federal Energy Regulatory Commission

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At the Federal Energy Regulatory Commission (“FERC” or “Commission”), President Joseph Biden selected Richard Glick, one of two Democratic commissioners on the five person commission, as Chairman. The Chair sets FERC’s...more

White & Case LLP

Summary of FERC Meeting Agenda for October 2020

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Below are limited summaries of the agenda items for the Federal Energy Regulatory Commission's October 15, 2020 meeting, pursuant to the agenda issued on October 8, 2020. Due to an unforeseen technological issue with the FERC...more

Davis Wright Tremaine LLP

FERC Opens the Door to Carbon Pricing in Wholesale Electricity Markets

The Federal Energy Regulatory Commission (FERC) recently took steps to encourage regions to incorporate state carbon pricing policies into wholesale electricity markets. FERC's proposed policy statement comes at a time when...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Carbon Pricing in Organized Wholesale Electricity Markets: Federal Energy Regulatory Commission Proposed Policy Statement

The Federal Energy Regulatory Commission (“FERC”) proposed on October 15th a policy statement titled: Carbon Pricing in Organized Wholesale Electricity Markets (“Policy”) See Docket No. AD20-14-000....more

Beveridge & Diamond PC

FERC Policy Proposal May Advance State Efforts to Price Carbon Emissions

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On October 15, 2020, the Federal Energy Regulatory Commission (FERC) issued a proposed policy statement clarifying that it has jurisdiction over rules incorporating state-determined carbon pricing in wholesale electric...more

Troutman Pepper

Commissioners Clash Over Proposed Policy Statement on Carbon Pricing

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On October 15, 2020, FERC issued a notice of proposed policy statement on state-determined carbon pricing in wholesale markets that clarified the agency’s jurisdiction over wholesale market rules incorporating...more

Bracewell LLP

FERC Proposes Policy Statement Encouraging RTOs/ISOs to Develop Rules Incorporating State Determined Carbon Prices

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On October 15, 2020, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) issued a Proposed Policy Statement regarding carbon pricing in organized wholesale electricity markets. In short, the statement...more

Snell & Wilmer

FERC Begins to Flex its Jurisdictional Muscles on Carbon Pricing

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Thursday, October 15th, the Federal Energy Regulatory Commission (FERC) weighed-in on the important role that carbon pricing, associated with state initiatives to reduce greenhouse gas emissions, could have on the nation’s...more

Troutman Pepper

FERC Holds a Technical Conference on Carbon Pricing in Organized Markets

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On September 30, 2020, FERC held a technical conference focusing on how state-adopted carbon pricing intersects with a Regional Transmission Organization/Independent System Operator (“RTO/ISO”) administered market, and...more

Akin Gump Strauss Hauer & Feld LLP

Election 2020: What Would a Biden Win Mean for the U.S. Electric Power Sector?

Part One - As the 2020 election nears, the Democratic campaign has begun to talk policy specifics regarding energy and climate change. Although the Trump administration undertook to dismantle many Obama-era policies and...more

Troutman Pepper

FERC Issues Second Notice of Technical Conference on Carbon Pricing in Organized Wholesale Electric Markets

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On August 28, 2020, FERC issued a supplemental Notice of a Commission-led Technical Conference on state pricing for carbon dioxide emissions, commonly referred to as carbon pricing, in FERC-jurisdictional wholesale electric...more

Nelson Mullins Riley & Scarborough LLP

FERC Announces Technical Conferences on Carbon Pricing, Offshore Wind Integration

The Federal Energy Regulatory Commission (“FERC”) on Wednesday gave notice of two technical conferences for the Fall of 2020 addressing cutting-edge issues related to the growth of renewable energy in the nation’s wholesale...more

K&L Gates LLP

FERC Announces Conferences on Carbon Pricing and Offshore Wind in RTOs/ISOs

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On June 18, 2020, the Federal Energy Regulatory Commission (“FERC”) announced that it will hold two separate technical conferences later this year. ...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Carbon Pricing/Policy Options: Organizations Submit Joint Request to Federal Energy Regulatory Commission Requesting Technical...

A number of organizations submitted an April 13th document titled Request for Technical Conference or Workshop (“Request”) to the Federal Energy Regulatory Commission (“FERC”) asking that it convene a technical conference or...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: Assessing NYISO’s Carbon Pricing Straw Proposal

The New York Independent System Operator (NYISO) recently released a Carbon Pricing Straw Proposal (Proposal) to advance the State’s energy and environmental goals by reflecting the cost of carbon emissions in wholesale...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: All Eyes on FERC’s Upcoming Technical Conference as Eastern Grid Operators Seek to Harmonize Wholesale...

In our February update, we noted that ISO New England (ISO-NE) and New York Independent System Operator (NYISO) stakeholders continue to discuss carbon pricing as one potential solution to better align state and regional...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: ISO-NE and NYISO Look to Gain Ground in 2017

Since our December update, ISO New England (ISO-NE) and New York Independent System Operator (NYISO) stakeholders have convened additional meetings to assess potential reforms to their respective wholesale electricity markets...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: Stakeholder Forums in ISO-NE and NYISO Continue to Assess Wholesale Carbon Pricing Proposals

As we noted in October, two of the country’s six Federal Energy Regulatory Commission (FERC)-regulated grid operators have initiated stakeholder processes to explore the integration of wholesale electricity markets with...more

Akin Gump Strauss Hauer & Feld LLP

Pricing Carbon in Wholesale Electricity Markets: RTOs/ISOs Looking at a Carbon Price to Integrate Regional Public Policy Goals

Several eastern regional transmission organizations and independent system operators (RTO/ISO) are talking seriously about pricing carbon in their markets. NEPOOL, the participant voting organization on wholesale market...more

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