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McGinnis Lochridge

Winter Storm Uri and Force Majeure: The Legal Battles Continue

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Winter Storm Uri sent shockwaves through Texas, freezing gas supplies at a time of critical need and plunging the state into widespread power outages. In the aftermath, the courts have been flooded with force majeure claims,...more

Gray Reed

Retail Electricity Customers Denied Relief from Uri

Gray Reed on

In re Luminant Generation Company LLC et al is a bitter pill for the litigation hangover from Winter Storm Uri. Takeaway: Texas does not recognize a legal duty owed by wholesale power generators to retail customers to provide...more

Cornerstone Research

Estimating Counterfactual Prices in Energy Markets

Cornerstone Research on

The use of factual/counterfactual comparisons—that is, estimating the difference between what actually happened and what would have happened absent an event—is a fundamental tool in the economists’ work box in the context of...more

Jackson Walker

Three Key Provisions in New “Weatherization” Rules by Railroad Commission of Texas

Jackson Walker on

In the aftermath of Winter Storm Uri, the Texas Legislature in Senate Bill 3 (2021) required the Railroad Commission of Texas to adopt rules requiring certain pipeline facility operators to weatherize equipment in order to...more

Husch Blackwell LLP

A Legislative Session In Review: Taking A Look At Key Energy Bills That Did (And Did Not) Pass During The 87th Regular Session

Husch Blackwell LLP on

After Winter Storm Uri devastated the ERCOT grid, calls for industry reform rang out across the state of Texas. For the past few months, public hearings and floor debates have considered wide-ranging proposals to harden the...more

Hogan Lovells

Grid Reliability Report Highlights Benefits of Pairing Advanced Nuclear with Renewables to Ensure Power Stays On

Hogan Lovells on

Many advanced reactor developers are designing their technologies to pair with renewables.  A recent report from the North American Electric Reliability Corporation (NERC), the government entity responsible for overseeing...more

Proskauer - Minding Your Business

Nationwide Deep Freeze Leads to Spike in Natural Gas Prices

Proskauer - Minding Your Business on

In the wake of the deep freeze that recently swept the nation, natural gas has taken the forefront among a slew of price gouging allegations. Last week’s winter storms caused natural gas spot market prices to spike, with some...more

Morgan Lewis - Power & Pipes

FERC to Investigate Natural Gas and Electricity Markets in Wake of Texas Storm

Morgan Lewis - Power & Pipes on

The Federal Energy Regulatory Commission (FERC) announced on February 22 that its Office of Enforcement would examine wholesale natural gas and electricity market activity during last week’s extreme cold weather ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2020

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The Insanity is Over: ‘Navigable’ Now Means ‘Navigable’ Again - "The Trump administration has now announced that the intentionally ambiguous and easily abused Waters of the United States Rule has been replaced by the new,...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2019 #2

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New Fortress Energy LNG Plant Demonstrates New York Insanity - "For those unfamiliar with the facility, the plant is a gigantic $800 million investment that will take in natural gas from the Marcellus Shale and liquefy it...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2018

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Appalachia Underground NGL Storage Facility Clears Big Hurdle - "The Appalachia Storage & Trading Hub initiative got approval for the first of two application phases for a $1.9 billion U.S. Department of Energy loan, the...more

Mintz - Energy & Sustainability Viewpoints

Grid Vulnerabilities Report Highlights Regional Risk

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Earlier this month, U.S. Energy Secretary Ernest Moniz released a report presenting the Department of Energy’s (DOE) assessment of expected regional energy sector vulnerabilities to climate change. The report highlights...more

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