Many electric power generating companies have filed with the Federal Energy Regulatory Commission (“FERC”) to collect reactive power compensation. FERC has now opened a rulemaking proceeding that would largely wind down most...more
In the wake of the May 2021 ransomware attack on a major US oil pipeline, the Department of Homeland Security’s (DHS) Transportation Security Administration (TSA) has released a security directive (the “TSA Directive”) to...more
6/2/2021
/ Critical Infrastructure Sectors ,
Cyber Attacks ,
Cybersecurity ,
Department of Homeland Security (DHS) ,
Energy Policy ,
Hackers ,
National Security ,
Oil & Gas ,
Pipelines ,
Ransomware ,
Supply Chain ,
TSA
On March 8, 2021, Commissioner Shelly Botkin resigned immediately from the Public Utility Commission of Texas (PUCT), leaving the PUCT with only one sitting commissioner. Somewhat unusually, under Texas’ Public Utility...more
3/15/2021
/ Electricity Costs ,
Energy Policy ,
Oil & Gas ,
Power Infrastructure ,
Power Outages ,
Price Gouging ,
Public Utilities Commission ,
Public Utility ,
Resignation ,
Severe Weather ,
State and Local Government
On March 1, 2021, Potomac Economics, the Independent Market Monitor (IMM) for the Electric Reliability Council of Texas (ERCOT), filed a report with the Public Utility Commission of Texas (PUCT) that certain payments were...more
3/9/2021
/ Ancillary Agreements ,
Clawbacks ,
Electricity Costs ,
Energy Policy ,
Oil & Gas ,
Power Infrastructure ,
Price Gouging ,
Public Utilities Commission ,
Public Utility ,
Severe Weather ,
State and Local Government
In the now obviously challenged Electric Reliability Council of Texas (ERCOT) power market, a strange dance recently occurred. On February 21, 2021, the Public Utility Commission of Texas (PUCT), which oversees ERCOT, issued...more
In the now obviously challenged Electric Reliability Council of Texas (ERCOT) power market, a strange dance recently occurred. On February 21, 2021, the Public Utility Commission of Texas (PUCT), which oversees ERCOT, issued...more