News & Analysis as of

Capacity Market

BCLP

Battery Storage Revenues and Routes to Market

BCLP on

As covered briefly in our previous article, the “route to market” / offtake arrangements/ revenue contracts are perhaps the key difference between battery energy storage systems (BESS) projects and other project-financed...more

Dorsey & Whitney LLP

Energy Law: Month in Review - September 2024

Dorsey & Whitney LLP on

Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month. ...more

Pullman & Comley - For What It May Be Worth

Input Requested on Possible Uniform Capacity Tax for Solar PV Systems in Connecticut

Earlier this year, the Connecticut General Assembly mandated a study of the possible implementation of a uniform capacity tax on solar photovoltaic (PV) systems in lieu of traditional personal and real property taxation.  ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, V 8, Issue 8, August 2024

Welcome to the eighth 2024 issue of Currents - our e-newsletter focused on energy topics. Is Nuclear the Panacea to Data Center Load Growth? Per public data, after years of relatively flat load growth around the...more

Spilman Thomas & Battle, PLLC

The Supply/Demand Problem: Reading the Signals from the Recent PJM Capacity Auction

The United States is facing a supply and demand problem in the electric sector, raising serious concerns not only about energy affordability but the reliability of the grid. On Tuesday, July 30, 2024, PJM Interconnection,...more

Dorsey & Whitney LLP

Energy Law: Month in Review - July 2024

Dorsey & Whitney LLP on

Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month....more

Troutman Pepper

Third Circuit Upholds PJM Capacity Market Change but Prevents Retroactive Application

Troutman Pepper on

On March 12, 2024, the U.S. Court of Appeals for the Third Circuit upheld a prospective rule change to PJM Interconnection, L.L.C.’s (“PJM”) annual capacity auction but struck down attempts by PJM and FERC to apply the rule...more

Foley Hoag LLP - Energy & Climate Counsel

NYISO Pushes Back Anticipated Compliance, Cluster Study Dates After FERC Order No. 2023-A

Interconnection reform is coming to New York State—right on (a slightly revised) schedule. In response to the issuance of a rehearing and clarification order on Federal Energy Regulatory Commission (“FERC”) Order No. 2023...more

Troutman Pepper

FERC Approves Changes to PJM Capacity Accreditation Rules; Rejects Proposed Changes Seeking to Better Reflect Risk in Capacity...

Troutman Pepper on

On January 30, 2024, FERC approved, subject to condition, PJM’s proposal to reform its Reliability Pricing Model, including resource adequacy risk modeling, capacity accreditation, testing requirements for capacity resources,...more

Troutman Pepper

FERC to Convene Forum on PJM Capacity Market

Troutman Pepper on

On April 19, 2023, FERC announced it would hold a forum to discuss the PJM Interconnection, L.L.C. (“PJM”) capacity market. The Commissioner-led forum is scheduled for Thursday, June 15, 2023. There will be three panels to...more

Dorsey & Whitney LLP

D.C. Circuit Upholds FERC’s Broadview of PURPA

Dorsey & Whitney LLP on

On February 14, 2023, the D.C. Circuit Court of Appeals upheld FERC’s broad definition of qualifying facilities (“QF”) under the Public Utility Regulatory Policies Act of 1978 (“PURPA”). In Broadview Solar, LLC, 174 FERC ¶...more

Foley Hoag LLP - Energy & Climate Counsel

FERC Approves ISO-New England’s Implementation of Capacity Market Design Changes and MOPR Elimination

On Friday, May 27, 2022, the Federal Energy Regulatory Commission (FERC) issued an order approving ISO-New England’s proposed tariff revisions, which phase out the ISO’s minimum offer price rule (MOPR) by 2024...more

Morgan Lewis - Power & Pipes

PJM’s ‘Focused’ Minimum Offer Price Rule Takes Effect by Operation of Law

In a notice issued on September 29, 2021, FERC stated that it did not act on PJM Interconnection LLC’s (PJM’s) proposed reforms to the application of the Minimum Offer Price Rule (MOPR) because the Commissioners are divided...more

McDermott Will & Emery

Special Report - Keep Your Friends Close, But Your Enemies Closer: Midstream-Midstream Commercial Deals in a Disciplined Upstream...

McDermott Will & Emery on

In the US domestic upstream oil and gas market, 2021 has been all about consolidation and exploration and production (E&P) companies focusing on disciplined growth and asset optimization. In an effort to win back the...more

Bracewell LLP

FERC Staff Issues White Paper on Hybrid Resources; Seeks Industry Input

Bracewell LLP on

On May 26, 2021, Federal Energy Regulatory Commission (“FERC”) staff issued a white paper regarding the current status and use of hybrid resources – e.g., co-located generation and storage facilities – in wholesale markets,...more

Morgan Lewis - Power & Pipes

FERC Clarifies Order on State-Directed Default Service Auctions in PJM

FERC has issued an order revising its prior order on PJM’s Minimum Offer Price Rule (MOPR) by vacating a footnote that suggested the New Jersey Basic Generation Service default service auction—and by extension other state...more

Bracewell LLP

Things Looking Up for Renewable Resources at Federal Energy Regulatory Commission

Bracewell LLP on

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

Troutman Pepper

FERC Upholds ISO-NE CASPR Program on Rehearing

Troutman Pepper on

On November 19, 2020, FERC upheld its March 2018 order addressing ISO New England, Inc.’s (“ISO-NE”) Competitive Auctions with Sponsored Policy Resources (“CASPR”) proposal to integrate certain state-supported resources into...more

Troutman Pepper

FERC Rejects NYISO Buyer-Side Mitigation Proposal Aimed at Clean Energy Transition

Troutman Pepper on

On September 4, 2020, FERC rejected the New York Independent System Operator, Inc.’s (“NYISO”) proposed revisions to its buyer-side mitigation (“BSM”) rules that sought to prioritize storage, wind, solar, and other...more

Foley Hoag LLP - Environmental Law

It’s the Energy Markets, Stupid (And Energy Markets Are Complex)

This week, the Massachusetts Attorney General’s office released a white paper documenting the results of a symposium convened last fall to discuss how electric markets should be organized to manage the transition to a “low /...more

Sheppard Mullin Richter & Hampton LLP

FERC Continues to Squeeze Renewable Resources Participating in Wholesale Electric Capacity Markets

On February 20, 2020, the Federal Energy Regulatory Commission (“Commission” or “FERC”) issued several orders narrowing New York Independent System Operator, Inc.’s (“NYISO”) buyer-side market power mitigation rules in its...more

Pierce Atwood LLP

Record Low ISO-NE Forward Capacity Clearing Price

Pierce Atwood LLP on

On Monday, February 3, 2020, ISO New England’s 14th annual power generation forward capacity auction (FCA) closed at $2.00/kW-month, the lowest clearing price in the auction’s history, and a 47% decrease from the...more

Orrick, Herrington & Sutcliffe LLP

Striking Results Emerge from CfD Allocation Round 3

BEIS published the results of the CfD Allocation Round 3 last week. Key points to note are: - Record low Strike Prices - First participation of remote island wind - Several big projects missed out on CfDs - Only...more

Orrick, Herrington & Sutcliffe LLP

Major Reforms to FERC Market-Based Rate Program Include New Data Collection Requirements

In a pair of rulemaking orders issued July 18, 2019, the Federal Energy Regulatory Commission (FERC) revised its regulations and policies for obtaining and maintaining authority to sell wholesale energy, capacity and...more

King & Spalding

Significant Changes to FERC’s Rules for Market-Based Rate Sellers

King & Spalding on

On July 18, 2019, the Federal Energy Regulatory Commission (“FERC”) issued two orders modifying its rules for sellers to obtain or retain authorization to make sales at market-based rates. First, Order No. 861 modifies the...more

64 Results
 / 
View per page
Page: of 3

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide