News & Analysis as of

Federal Energy Regulatory Commission ISO-NE

Paul Hastings LLP

FERC Proposes Rule to Prohibit Reactive Power Compensation for Generators

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On March 21, 2024, the Federal Energy Regulatory Commission (FERC or Commission) issued a Notice of Proposed Rulemaking (NOPR) in Docket No. RM22-2 that proposes to prohibit transmission providers from allowing generating...more

Troutman Pepper

After Initiating Credit Risk Show Cause Proceedings in 2022, FERC Finds that CAISO’s, ISO-NE’s, and NYISO’s Tariffs Remain Just...

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On September 21, 2023, the Commission issued separate orders on show cause proceedings finding that the existing tariffs of the California Independent System Operator Corporation (“CAISO”), ISO New England Inc. (“ISO-NE”),...more

Foley Hoag LLP - Energy & Climate Counsel

NESCOE Report Advances Governors’ Demands for Climate Leadership at ISO-NE

The managers of the New England States Committee on Electricity (“NESCOE”) recently released a report (“Report”) to New England’s governors to advance its shared vision for a clean, affordable, and reliable 21st-century...more

Troutman Pepper

FERC Upholds ISO-NE CASPR Program on Rehearing

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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

Latham & Watkins LLP

FERC Narrowly Approves ISO-NE Proposal Regarding State-Sponsored Generation Resources

Latham & Watkins LLP on

The split ruling may have broader implications for FERC’s stance toward state-sponsored resources. The Federal Energy Regulatory Commission (FERC) has approved ISO New England Inc.’s (ISO-NE’s) two-stage capacity market...more

Akin Gump Strauss Hauer & Feld LLP

FERC Grapples with Accommodating State Policies in Wholesale Markets; Approves ISO New England Proposal for Subsidized Renewable...

Nearly a year after summoning stakeholders to discuss whether—and if so, how—the wholesale power markets should accommodate state policy goals, the Federal Energy Regulatory Commission (FERC or the “Commission”) has taken a...more

Pierce Atwood LLP

CASPR: FERC Approves Changes To ISO-NE's Forward Capacity Auction

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On March 9, 2018, the Federal Energy Regulatory Commission (FERC) in a split vote approved ISO-New England Inc.’s (ISO-NE) proposed tariff revisions intended to accommodate the entry of additional clean energy resources into...more

Latham & Watkins LLP

Wholesale Capacity Market in New England Aims to Better Accommodate State-Sponsored Generation Resources

Latham & Watkins LLP on

The regional transmission organization’s proposal seeks to reconcile the increasing deployment of state-sponsored subsidized clean energy resources with competitive forward auctions. Proposed New Auction Process in New...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: ISO-NE and NYISO Look to Gain Ground in 2017

Since our December update, ISO New England (ISO-NE) and New York Independent System Operator (NYISO) stakeholders have convened additional meetings to assess potential reforms to their respective wholesale electricity markets...more

Akin Gump Strauss Hauer & Feld LLP

House Passes Fair RATES Act to Provide for Rehearing and Judicial Review of FERC Inaction on Rate Filings and to Reverse Public...

On January 23, 2017, the House of Representatives passed H.R. 587, the Fair Ratepayer Accountability, Transparency, and Efficiency Standards Act (“Fair RATES Act”), which would amend Section 205 of the Federal Power Act (FPA)...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: Stakeholder Forums in ISO-NE and NYISO Continue to Assess Wholesale Carbon Pricing Proposals

As we noted in October, two of the country’s six Federal Energy Regulatory Commission (FERC)-regulated grid operators have initiated stakeholder processes to explore the integration of wholesale electricity markets with...more

Akin Gump Strauss Hauer & Feld LLP

Pricing Carbon in Wholesale Electricity Markets: RTOs/ISOs Looking at a Carbon Price to Integrate Regional Public Policy Goals

Several eastern regional transmission organizations and independent system operators (RTO/ISO) are talking seriously about pricing carbon in their markets. NEPOOL, the participant voting organization on wholesale market...more

Pierce Atwood LLP

FERC v. Maxim Power Corp. - Court Rejects FERC's Interpretation of Penalty Review Procedures; Respondents To Have Their Day In...

Pierce Atwood LLP on

In a July 21, 2016 order, a federal district court for the first time in a FERC enforcement matter held that review of an assessed civil penalty pursuant to Section 31(d)(3) of the Federal Power Act (“FPA”) entails an...more

Akin Gump Strauss Hauer & Feld LLP

Recent Complaints Highlight Continued Friction between State Policy Goals and Federally Regulated Wholesale Power Markets

On June 24, 2016, two complaints were filed with the Federal Energy Regulatory Commission (“Commission or FERC”) that highlight the continued tension between state policy initiatives and the mandatory centralized capacity...more

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