News & Analysis as of

Regulatory Oversight Energy Market

Troutman Pepper Locke

On Rehearing, FERC Upholds Approval of PJM’s Proposed Offer Cap Tariff Revisions

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On June 26, 2025, FERC upheld PJM Interconnection, L.L.C.’s (“PJM”) proposal to revise its Capacity Performance Quantifiable Risk (“CPQR”) Offer Cap. Several public interest organizations and PJM’s Independent Market Monitor...more

Troutman Pepper Locke

FERC Accepts SPP’s Revisions to Its Western Energy Imbalance Tariff Incorporating a Reliability-Based Market Hold Settlement...

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On June 20, 2025, FERC approved Southwest Power Pool, Inc.’s (SPP) revisions to its Western Energy Imbalance Service (WEIS) tariff to allow a participating balancing authority to initiate a market hold due to reliability...more

Troutman Pepper Locke

FERC Staff Releases 2025 Summer Energy Market and Electric Reliability Assessment

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On May 15, 2025, the FERC’s Office of Energy Policy and Innovation, in coordination with the Office of Electric Reliability, released their 2025 Summer Energy Market and Electric Reliability Assessment, highlighting key...more

Hogan Lovells

FERC issues orders expanding organized markets in the Southeast and the Southwest

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The Federal Energy Regulatory Commission (“FERC”) recently issued two orders approving proposals to expand the organized electric markets. The first order, related to a proposal from a coalition of transmission-owning...more

Mayer Brown

Mexican Independent Regulatory Agencies in the Energy Sector to Be Absorbed by Ministry of Energy

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On December 20, 2024, Mexico amended its Constitution to pass control of the energy sector from two independent regulators to its executive branch. Before this reform, the Energy Regulatory Commission (CRE) and the National...more

Bennett Jones LLP

Alberta Issues Directive for Power Regime Overhaul: Fast and Furious Implementation

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On December 10, 2024, the Minister of Affordability and Utilities (Minister) issued a direction letter to the Alberta Electric System Operator (AESO) outlining the Government of Alberta’s (Government) decisions regarding...more

Latham & Watkins LLP

China Releases Carbon Allowance Trading Regulations

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The regulations aim to provide a legal framework for China’s carbon allowance trading market by strengthening requirements and designating responsibilities. On January 25, 2024, Chinese Premier Li Qiang signed a decree of...more

Troutman Pepper Locke

Navigating Power Allocation and Customer Choice in a Regulated Landscape - Energy Law Insights

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The landscape for utilities and their customers in the power allocation space is heavily regulated. Minimum load requirements, contested rights, and myriad other issues must be understood — and handled effectively — to...more

Cadwalader, Wickersham & Taft LLP

CFTC Enforcement Encourages Carbon Markets Whistleblowers

On June 20, following a number of consultative papers, reports, committee hearings and public speeches by representatives of the Commodity Futures Trading Commission (“CFTC”), the staff of CFTC’s Division of Enforcement...more

Sheppard Mullin Richter & Hampton LLP

Corporate Offtake Agreements are a Driving Force Behind the Shift Toward Renewable Energy in the United States

Continued commitments to renewable generation in 2021 mean that corporate purchasers remain major drivers in the development of new wind and solar power generation projects in the United States. Megawatt numbers vary...more

K&L Gates LLP

Hydrogen Rising: Very Long Duration Storage

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Bill Holmes, Mike O’Neill, and David Wochner discuss very long duration storage and impacts on hydrogen and broader energy markets, as well as U.S. regulatory structures impacting hydrogen storage....more

Opportune LLP

Scrutiny Increasing On Energy Private Equity Valuation

Opportune LLP on

The valuation of private equity investments has recently garnered greater marketplace attention, and the SEC is updating its guidance on these valuations for the first time in 50 years. Managing Director Paul Legoudes and...more

Akin Gump Strauss Hauer & Feld LLP

Biden’s Climate Catch Up, or Trump’s Regulatory Rollbacks? Key Environmental and Energy Considerations for the 2020 Elections

- It is apparent that former Vice President Joe Biden’s “clean energy revolution” and climate goals stand in stark contrast with the policies the Trump Administration has pursued during its first term, underscoring the...more

Akin Gump Strauss Hauer & Feld LLP

Energy in ASEAN: Developments in the Wind Energy Market in Vietnam

Wind power project developers were buoyed in April by the news that Vietnam’s Ministry of Industry and Trade (MOIT) had submitted Official Letter no. 2491/BCT-DL (“MOIT Proposal”) to the government, proposing to extend...more

Verrill

U.S. Supreme Court Asked to Review Zero Emissions Credit Schemes

Verrill on

In two related cases, Petitioners are asking the U.S. Supreme Court to strike down state generator subsidies that Petitioners argue distort competitive wholesale power markets that are under the exclusive jurisdiction of the...more

Orrick, Herrington & Sutcliffe LLP

Energy Storage Update - 2018

Battery energy storage is the most significant development for the electric grid since the explosive growth in renewables deployment over the past decade. Efforts to promote energy storage are moving rapidly throughout the...more

Buchalter

California Regulatory Happenings - July 2018 #3

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On 5/26/17, the ALJ issued a proposed decision implementing new compliance requirements for the RPS program in response to SB350. These new rules for long-term contracts start with the compliance period beginning 1/1/21. The...more

Bricker Graydon LLP

The Energy Revolution of 2018: A look at Ohio’s energy storage landscape

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2018 has already been heralded a landmark year for energy storage. And for good reason. Both regulatory and economic trends indicate the rapid continued growth of energy storage deployment nationwide in 2018 and beyond. ...more

Orrick, Herrington & Sutcliffe LLP

FERC and Wholesale Market Stakeholders Prepare Responses to Proposed Rule on Grid Resiliency

On September 29, 2017, the Secretary of Energy submitted to the Federal Energy Regulatory Commission a notice of proposed rulemaking to support electric grid resiliency. The notice states that changes to wholesale market...more

Holland & Knight LLP

Supreme Court: FERC Can Regulate Programs Directly Impacting the Wholesale Power Market

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In FERC v. Electric Power Supply Association et al., the U.S. Supreme Court held in a 6-2 decision that the Federal Energy Regulatory Commission (FERC) has the authority, pursuant to the Federal Power Act (FPA), to regulate...more

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