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FERC Conditionally Accepts CAISO and PacifiCorp Proposals to Implement a Regional Energy Imbalance Market in Western States

On June 19, 2014, the Federal Energy Regulatory Commission (“FERC” or “Commission”) conditionally accepted revisions to the California Independent System Operator Corporation’s (“CAISO”) FERC Electric Tariff to implement the...more

CAISO Proposes Flexible Ramping Product

The California Independent System Operator (“CAISO”) has taken a significant step toward proposing a new ancillary service known as the “Flexible Ramping Product” as part of its market design. With increasing levels of...more

EPA Proposes Unprecedented Greenhouse Gas Emission Reduction Program

We analyze EPA’s novel proposal to regulate greenhouse gas emissions from existing power plants as it will shape its regulation of other industry sectors. On June 2, 2014, EPA released its long-anticipated proposal to...more

Green Banks: Financing Tomorrow’s Clean Energy Projects

In February 2014, lawyers from Latham & Watkins participated in the inaugural Green Bank Academy held in Washington, D.C. State energy and finance officials from across the US attended the Academy to discuss the role of green...more

Federal Appeals Court Decision Could Create Risk for Demand Response Suppliers in Wholesale Markets

D.C. Circuit Court vacates FERC Order No. 745 on demand response compensation, determining that FERC does not have jurisdiction. On May 23, 2014, the U.S. Court of Appeals for the D.C. Circuit Court issued a decision...more

Federal Appeals Court Vacates FERC Order No. 745 On Demand Response Compensation

On May 23, 2014, the U.S. Court of Appeals for the D.C. Circuit Court issued a decision in Electric Power Supply Association v. FERC (“EPSA”) vacating and remanding FERC’s Order No. 745, which provides compensation for demand...more

New York Public Service Commission To Consider Fundamental Transformation of the Role and Regulation of Electric Distribution...

On April 25, 2014, the New York Public Service Commission (“NYPSC”) instituted a proceeding it terms “Reforming the Energy Vision” (the “REV Proceeding”) to consider “fundamental changes in the manner in which [electric...more

5/6/2014  /  Electricity , Utilities Sector

Procurement Opportunities Across North America Indicate That Energy Storage Technologies May Be Poised For Commercial Deployment

Across North America, investor-owned utilities (IOUs), publicly-owned utilities (POUs), and other load-serving entities are issuing unprecedented requests for proposals or offers (RFPs or RFOs) for advanced energy storage...more

CAISO Announces New Stakeholder Process to Address Reliability, Including Possible Market-Based Capacity Backstop; First Meeting...

The California Independent System Operator (CAISO) has announced that it is starting a new “Reliability Services” stakeholder process. In a January 14, 2014, Market Notice the CAISO said that the new stakeholder process...more

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