News & Analysis as of

Power Purchase Agreements Utilities Sector

Williams Mullen

[Webinar] Virginia Solar & Energy Storage 2022 Legislative Update - March 31st, 11:00 am - 11:30 am ET

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The Virginia General Assembly passed several important pieces of legislation affecting the solar and energy storage industry during its 2022 legislative session... join us on Thursday, March 31, from 11:00 – 11:30 am (ET) for...more

Allen Matkins

Renewable Energy Update - August 2021 #2

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California utilities and clean energy groups urge CPUC to move quickly to free up energy supply - Utility Dive – August 11 - Utilities and clean energy groups are urging the California Public Utilities Commission...more

(ACOEL) | American College of Environmental...

Who Can’t Get No Respect? Rodney Dangerfield and Offshore Wind Energy

“I don’t get no respect” was comedian Rodney Dangerfield’s well-known catchphrase, and also the reason his 1981 album won a Grammy. Like Dangerfield, advocates for the clean energy technology known as offshore wind power...more

Holland & Knight LLP

City of Boston Releases Draft Emissions Performance Standard Policy

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The City of Boston has taken the next step in its ongoing efforts to amend and strengthen its Building Energy Reporting and Disclosure Ordinance, or BERDO, by releasing a draft Summary of policy elements on Jan. 27, 2021, for...more

Allen Matkins

Renewable Energy Update - July 2020 #5

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Renewable energy provided more than 25% of U.S. electricity in first half of 2020 - Renewables Now – July 28 - Renewable energy sources (biomass, geothermal, hydropower, solar, and wind) produced significantly more...more

Allen Matkins

Renewable Energy Update - July 2020 #4

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FERC finalizes PURPA rule reforms - Bullet Power Magazine – July 16 - The Federal Energy Regulatory Commission (FERC) has finalized a long-awaited rule revising regulations that govern qualifying small power producers...more

Farella Braun + Martel LLP

[Webinar] Unplugged Renewable Energy Series - PG&E Bankruptcy: Lessons Learned and a Path Forward - August 4th, 5:00 pm - 7:00 pm...

The California power giant, PG&E, has emerged from the country’s largest utility bankruptcy proceeding as a dramatically different company. Not only has PG&E exited Chapter 11, it has completed a restructuring that will have...more

Holland & Knight LLP

Force Majeure: COVID-19 Pandemic Issues That Could Impact Electricity Contracts

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As the current health crisis from COVID-19 grows, electricity market participants may benefit from developing strategies to assess their risks and protect from potential disputes. All parties may benefit from a deal that...more

Holland & Hart LLP

Clearer expectations over energy storage needed in utility-scale project contract negotiations

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Enthusiasm about solar energy and battery storage projects is reaching celestial heights. And for good reason. Thanks to the falling costs of lithium-ion batteries and new government policies designed to promote clean energy,...more

Kelley Drye & Warren LLP

PG&E Bankruptcy Judge to FERC: What Part of “Exclusive” Jurisdiction Do You Not Understand?

U.S. Bankruptcy Judge Dennis Montali recently ruled in the Chapter 11 case of Pacific Gas & Electric (“PG&E”) that the Federal Energy Regulatory Commission (“FERC”) has no jurisdiction to interfere with the ability of a...more

BCLP

Grid Stability in the Age of Decarbonisation

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Grid disruption which results in blackouts is big news and often leads to public uproar and much finger pointing. The lightning strike that led to a blackout in parts of the UK in early August was widely reported and is the...more

Holland & Hart LLP

Rejecting Power-Purchase Agreements in Energy Cases: Do Bankruptcy Courts Have Exclusive Jurisdiction?

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In a much-awaited and pivotal decision in the PG&E chapter 11 proceeding, the U.S. Bankruptcy Court for the Northern District of California held that it not only has exclusive jurisdiction over the rejection of wholesale...more

Akin Gump Strauss Hauer & Feld LLP

Ninth Circuit Upholds Renewable Energy Developers’ PURPA Rights

On July 29, 2019, the U.S. Court of Appeals for the Ninth Circuit (“Ninth Circuit”) issued a decision in Winding Creek Solar LLC v. Peterman affirming a district court’s finding that the California Public Utilities...more

King & Spalding

Mexican Private Power Sector Finds Alternative to Cancelled Clean Energy Power Bids

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On January 31, 2019 the Mexican power regulatory entity - Centro Nacional de Control de Energia (“Cenace”) cancelled the fourth public bid for the purchase and sale of clean energy, capacity and clean energy certificates...more

Pierce Atwood LLP

Maine Enacts New Law to Encourage Net Metering and Long-Term Contracts for Distributed Generation

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On June 26th, Governor Janet Mills signed new legislation to broaden customer access to net metering (known in Maine as net energy billing, or NEB) and to promote distributed energy generation, including through competitive...more

Allen Matkins

Renewable Energy Update - June 2019

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Focus - California has too much solar power. That might be good for ratepayers - Los Angeles Times – June 5 - California set two renewable energy records last week: the most solar power ever flowing on the state’s main...more

Stoel Rives - Renewable + Law

FERC Reaffirms Concurrent Jurisdiction Over PPAs in Bankruptcy

The Federal Energy Regulatory Commission (“FERC” or the “Commission”) issued an order on May 1, 2019 denying rehearing of its orders asserting concurrent jurisdiction with a bankruptcy court over wholesale power contracts....more

Farella Braun + Martel LLP

[Event] The PG&E Bankruptcy: Potential Implications for California’s Clean Energy Future - March 18th, San Francisco, CA

The recent PG&E bankruptcy filing has fundamentally shaken the California utility industry and poses a number of potential challenges and risks to the State’s renewable energy industry. These include the potential...more

Opportune LLP

Derivative & Dodd-Frank Considerations for Wind Farm Owners

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Wind farm owners and project sponsors have increasingly turned to corporate power purchase agreements (PPAs) and other hedging alternatives to secure predictable cash flows. Depending on the structure of these agreements,...more

Holland & Knight LLP

FERC Asserts Its Authority to Review Rejection of Wholesale Power Agreements Days Before PG&E Files Bankruptcy

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On Jan. 25, 2019 – just days before Pacific Gas and Electric (PG&E) proposes to file its bankruptcy case – the Federal Energy Regulatory Commission (FERC) issued an order asserting its concurrent authority to approve proposed...more

Orrick, Herrington & Sutcliffe LLP

PG&E Bankruptcy FAQs for PPA Holders

When and where is PG&E expected to file for bankruptcy? Currently, PG&E is expected to file for bankruptcy on January 29, 2019, likely in the United States Bankruptcy Court for the Northern District of California in San...more

K&L Gates LLP

Distressed Solutions: Energy Bankruptcies and the Intersection of Contract Rejection and FERC

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We have seen an increase in energy companies filing for bankruptcy, and more may be on the horizon. This is a great time to review and discuss an interesting ruling in the FirstEnergy case regarding the intersection of...more

Mayer Brown

Solar Power International 2018: Soundbites

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Topics covered include tax equity, the solar start of construction rules, the investment tax credit (“ITC”) and tax basis risk after the Federal Circuit’s opinion in Alta Wind, the inverted lease structure, back-leverage...more

Buchalter

California Regulatory Happenings - November 2018

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On 7/12/18 the Commission adopted an Order Instituting a rulemaking to continue implementation of the RPS program. The oversight anticipated in the rulemaking (a successor to R15-02-020) includes review of RPS procurement...more

Williams Mullen

Virginia State Corporation Commission Approves Prudency Determination for 80 MW Solar Power Purchase Agreement

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On November 2, 2018, the Virginia State Corporation Commission (the “Commission”) issued a final order (the “Order”) approving the petition of Virginia Electric and Power Company (“Dominion”) for a prudency determination...more

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