News & Analysis as of

Wholesale

Spanish Natural Gas Organized Wholesale Market: Completion of Regulatory Framework

by Hogan Lovells on

The regulatory framework governing the Spanish natural gas organized wholesale market was approved in 2015 and completed in 2016. The start of operations occurred on 16 December 2015, when the market operator created an...more

FERC Steps Up Efforts to Support Integration of Energy Storage Technologies Into Wholesale Power Markets

As momentum builds for wide-scale development and deployment of electric energy storage technologies, the Federal Energy Regulatory Commission (FERC) has been taking a fresh look at how it can facilitate the integration of...more

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

UK: FCA General Insurance and Protection Sector Views 2017

by Hogan Lovells on

The FCA has outlined the current trends, risks and its overall assessment of the General Insurance sector in its 2017 Sector Views, published last week.  ...more

Mexico Issues Manual for Bilateral Power Transactions and Recording Coverage Agreements

by Holland & Knight LLP on

Mexico's Energy Reform of 2013 opened activities of the country's Power Market to private investors. Mexico is passing from a state-run power company, the Comisión Federal de Electricidad (CFE), to private investors and...more

Blog: Compliance Date for Drug Supply Chain’s Security Act’s Serialization and Verification Requirements Quickly Approaching

by Cooley LLP on

Manufacturers must begin to comply with the Drug Supply Chain Security Act (DSCSA) serialization and verification requirements on November 27, 2017 (Compliance Date). Serialization and verification are intended to enable...more

New Beer Reporting Requirement Form Released

With the passage of Act 166 of 2016, effective January 17, 2017, Pennsylvania licensed breweries must now report to the Pa.L.C.B. the volume of malt or brewed beverages sold at their premises to consumers and...more

Mexico's Ministry of Energy Issues Interconnection Manual for Small Capacity Plants

by Holland & Knight LLP on

Mexico's Energy Reform of 2013 opened activities of the country's power market to private investors. Before the reform, large-scale power generation was reserved to the state-run Comisión Federal de Electricidad (CFE), or to...more

FERC Schedules Technical Conference on the Interaction Between State Energy Policies and FERC-Regulated Wholesale Electricity...

On March 3, 2017, Federal Energy Regulatory Commission (FERC or the “Commission”) staff scheduled a technical conference to discuss the interaction between state energy policy priorities for generation resources and resource...more

PBI Presentation Recap: Key Features of Beer Distribution Agreements

Theodore J. Zeller III, a Member of Norris McLaughlin & Marcus, P.A., and Chair of its Liquor Law Department, recently presented on “Alcohol Distribution and Franchise Law” at the Pennsylvania Bar Institute’s Alcohol Law...more

New PA Beer Reporting Requirements Still Fluid

Under Act 166 of 2016, which became effective on January 17, 2017, breweries and wholesalers are required to report to the Pa.L.C.B. the volume of malt or brewed beverages sold either at wholesale or at retail on a monthly...more

Energy Storage: Finding New Home with FERC Policy Statement and Notice of Proposed Rulemaking

The Federal Energy Regulatory Commission (FERC) has taken steps over the past few months to address integration of electric storage into the market. In November 2016, FERC issued a Notice of Proposed Rulemaking (NOPR) to...more

Supreme Court Declines to Hear Seventh Circuit Case Holding That Bulk Packaging Does Not Constitute a Promotional Service Under...

by K&L Gates LLP on

In March of last year, we covered oral argument before the Seventh Circuit in Woodman’s Food Market, Inc. v. Clorox Co. No. 15-3001. We commented that the three-judge panel hearing the case seemed skeptical of the plaintiff’s...more

CAISO Urges Flexibility and Coordination to Advance Distributed Energy Resource Aggregations at FERC

by K&L Gates LLP on

As previously covered by K&L Gates’ Global Power Law and Policy blog, on November 17, 2016, the Federal Energy Regulatory Commission (“FERC”) issued a Notice of Proposed Rulemaking (“NOPR”) to remove barriers so that electric...more

Mexico Ministry of Energy Revises Dates for CENACE's Operation of Wholesale Power Market

by Holland & Knight LLP on

The main objective of Mexico's Energy Reform of 2013 was to open activities of the Power Market to private investors. Mexico's Ministry of Energy, or Secretaría de Energía (SENER), is in charge of reorganizing the Federal...more

Can Electric Storage Resources Collect Both Cost-Based and Market-Based Revenue?

by Davis Wright Tremaine LLP on

The short answer is: yes, with a few caveats. On January 19, 2017, the Federal Energy Regulatory Commission (“FERC”) issued a policy statement that, under appropriate circumstances, electric storage resources may...more

FERC Issues Policy Statement on Cost Recovery for Electric Storage Resources, But the Devil Will Be in the “Implementation...

by K&L Gates LLP on

Last week, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) issued a Policy Statement to provide guidance for electric storage resource owners and operators that may seek to receive cost-based rate...more

FERC Issues Policy Statement on Storage Resources with Multiple Payment Streams

by McDermott Will & Emery on

Last week, the Federal Energy Regulatory Commission (FERC) issued a Policy Statement to provide guidance on the ability of electric storage resources to recover costs through both cost-based and market-based rates...more

The Planogram – The Future of Bad Beer

The recent rush of brewery mergers follows a much longer trend of consolidation of the wholesale tier. State beer franchise laws, like ones in Pennsylvania, promote these wholesale consolidations, but that’s another story...more

FERC Proposes Rule to Open Up Wholesale Markets to Energy Storage and Distributed Energy Resource Aggregations

On November 30, 2016, the Federal Energy Regulatory Commission (FERC) published a proposed rule in the Federal Register that would allow energy storage and distributed energy resource aggregations to participate in organized...more

Transient Occupancy (Hotel) Taxes May be Limited by Ruling

by Best Best & Krieger LLP on

California public agencies that impose transient occupancy (hotel) taxes may be limited in the tax they can collect from online transactions. The California Supreme Court on Monday ruled that TOT are limited to the...more

FERC Proposes New Market Rules to Better Integrate Energy Storage and Distributed Resources into Organized Markets

by Davis Wright Tremaine LLP on

On November 17, 2016, the Federal Energy Regulatory Commission (“FERC”) issued a Notice of Proposed Rulemaking seeking comments on its proposal to remove barriers to the participation of electric storage resources and...more

FERC Proposes Rules on Electric Storage and Distributed Energy Resource Participation in Organized Wholesale Power Markets,...

by Morrison & Foerster LLP on

FERC issued a proposed rule last week that has the potential to blaze a path forward for electric storage and distributed energy resources in organized wholesale electricity markets. It also released its annual enforcement...more

FERC Proposes to Integrate Electric Storage into Organized Markets

by Morgan Lewis on

The proposed rule recognizes the physical and operational characteristics of electric storage resources and distributed energy resource aggregators and removes barriers to their participation in organized wholesale electric...more

FERC Proposes Adding Electric Storage and Distributed Energy Resources to the Wholesale Electric Market

On November 17, 2016, the Federal Energy Regulatory Commission (FERC or the Commission) issued a Notice of Proposed Rulemaking (NOPR) on electric storage and distributed energy resources, Docket Nos. RM 16-23-000;...more

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