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Federal Energy Regulatory Commission Incentives

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - June 2024

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Davis Wright Tremaine LLP

FERC Authorizes Targeted Utility Incentive Rate Options for Advanced Cybersecurity Investments

With Order No. 893, Commission Continues to Prioritize Regulations to Improve Electric Grid Reliability - Cyberattacks continue to threaten the reliability of the electric grid. In response to a congressional directive to...more

Morgan Lewis - Power & Pipes

FERC Approves Rate Incentives for Cybersecurity Investments

FERC has issued its final rule paving the way for incentive-based rate treatment for electric utilities that make certain voluntary cybersecurity investments. As we first noted in 2020 when describing the proposed rule, the...more

BCLP

FERC NOPR seeks comment on proposed ratemaking incentives for transmission owner cybersecurity investments and expenses

BCLP on

On September 22, 2022, the Federal Energy Regulatory Commission (FERC or Commission) issued a Notice of Proposed Rulemaking (2022 NOPR) setting forth proposed utility incentives for expenses and investments relating to...more

Perkins Coie

FERC Issues Supplemental Proposed Rulemaking on Incentives for Transmission Investment

Perkins Coie on

On April 15, 2021, the Federal Energy Regulatory Commission supplemented the notice of proposed rulemaking (Supplemental NOPR) for transmission incentives it issued last year (2020 NOPR). In its Supplemental NOPR, FERC...more

Morgan Lewis - Power & Pipes

FERC Proposes Incentives for Adding Cyber Protections to Electric Grid

At its December open meeting, FERC proposed to establish rules for incentive-based rate treatments for voluntary cybersecurity investments by a public utility. If approved, the regulations would provide incentives for...more

Akin Gump Strauss Hauer & Feld LLP

Senate Considers Bill to Protect Electric Grid from Cyber Attacks

The Senate is considering bipartisan legislation to boost the defenses of the nation’s power grid against cybersecurity threats. The bill—the Protecting Resources on the Electric Grid with Cybersecurity Technology Act, or...more

Holland & Knight LLP

FERC Seeks Comment on Broad Reforms to Electric Transmission Incentives Policies

Holland & Knight LLP on

On March 21, 2019, the Federal Energy Regulatory Commission (FERC) issued a Notice of Inquiry (NOI) seeking comment on possibly broad reforms to the scope and implementation of its electric transmission incentives regulations...more

Davis Wright Tremaine LLP

FERC Initiates Review of Return on Equity, Electric Transmission Incentives

On March 21, 2019, the Federal Energy Regulatory Commission issued Notices of Inquiry regarding (1) its method for determining the return on equity for rates charged by public utilities (and whether such ROEs should also be...more

Akin Gump Strauss Hauer & Feld LLP

D.C. Circuit Sides with FERC; Prevents Full Abandonment

In 2005, Congress sought to encourage investment in the nation’s power grid by requiring the Federal Energy Recovery Commission (FERC) to establish “incentive-based” rate treatments for electric transmission facilities. Order...more

Akin Gump Strauss Hauer & Feld LLP

9th Circuit Finds That FERC Acted Arbitrarily and Capriciously by Awarding Incentive Adders to PG&E for Membership in CAISO

In an opinion issued January 8, 2018, the United States Court of Appeals for the 9th Circuit found that the Federal Energy Regulatory Commission (FERC) had acted arbitrarily and capriciously when it determined that Pacific...more

Akin Gump Strauss Hauer & Feld LLP

Fourth Circuit Upholds FERC Transmission Incentives Order Despite Intervening Change in Policy

On January 24, the U.S. Court of Appeals for the Fourth Circuit upheld an order issued by the Federal Energy Regulatory Commission (FERC) in 2012 denying rehearing (Rehearing Order) of a 2008 order granting Virginia Electric...more

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