In a joint press conference on September 15, the U.S. Environmental Protection Agency (“EPA”) and U.S. Department of Transportation (“DOT”) released details of a new national suite of automobile standards that would mandate increased corporate average fuel economy (“CAFE”) standards and carbon dioxide (CO2) emissions limits.
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Thomas R. Sheets Named FERC General Counsel
On Thursday, the Federal Energy Regulatory Commission’s (the “Commission”) Chairman, Jon Wellinghoff, named Thomas R. Sheets the new General Counsel.
John Norris must wait for Senate Energy approval to FERC
On Tuesday, the Senate Committee on Energy and Natural Resources (“ENR Committee”) was never able to reach its 12-member quorum to begin a vote on the nomination of John R. Norris as commissioner of FERC.
Real Estate Investment Trusts May Create Growth For the Grid
On August 31, 2009, the Climate Change Policy Partnership based at Duke University released a report, Electrical Transmission-Barriers and Policy Solutions, suggesting that real estate investment trusts (“REITs”) could provide the vehicle for creating the capital necessary to expand the national transmission grid in order to meet future electricity demands.
Ninth Circuit Upholds FERC’s Orders on Market-Based Rate Authority
On June 9, 2009, the United States Court of Appeals for the Ninth Circuit issued a decision that upheld orders from the Federal Energy Regulatory Commission (“FERC” or the “Commission”) granting PPL Montana, LLC, PPL Colstrip LLC, and PPL Colstrip II LLC (collectively, “PPL”) market-based rate authority despite challenges by petitioners Montana Consumer Council and REC Silicon (collectively, “Montana Consumer Council” or “Petitioners”).
FERC and NRC Sign Memorandum of Agreement on Grid Reliability and Nuclear Plants
On September 2, 2009, the Federal Energy Regulatory Commission (“FERC”) and the Nuclear Regulatory Commission (“NRC”) signed a Memorandum of Agreement (“MOA”) aimed at increasing cooperation between the two commissions on mutual issues and activities.
FERC Allows Market Manipulation Claims in New England Market Despite Improper Filing
On August 24, 2009, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) ruled that claims of market manipulation should be brought under section 306 of the Federal Power Act (“FPA”) and not section 206 of the FPA, where the Attorney General of Connecticut, the Connecticut Department of Public Utility Control (“DPUC”), and the Connecticut Office of Consumer Counsel (“OCC”) filed their complaints against power plant operators earlier this year.
FERC Staff, Amaranth Agree to New Settlement in Enforcement Case
On July 23, 2009, the Commission’s Enforcement Litigation Staff (“Staff”), Amaranth Advisors LLC (“Amaranth”), and one of Amaranth’s two former gas traders filed a new settlement in its high-profile enforcement case. The Commission previously rejected a settlement submitted by the parties earlier this year (See February 20, 2009 edition of the WER).
FERC Decision to Deny Intervention of License Amendment Upheld by 9th Circuit
On July 20, 2009, a split panel from the United States Court of Appeals for the Ninth Circuit (“Ninth Circuit”) voted 2-1 to uphold the Commission’s decision to deny two environmental groups’ untimely attempt to intervene in proceedings to amend the flow requirements at Pyramid Dam in Los Angeles County. The Ninth Circuit concluded that the Commission reasonably determined that California Trout and Friends of the River (collectively, the “petitioners”) lacked good cause in their untimely attempt to intervene.
Entergy Moves Closer to Joining SPP
On July 20, 2009, Entergy Services, Inc. (“Entergy”) submitted comments indicating that it will consider becoming a member of the Southwest Power Pool (“SPP”). Entergy’s filing addressed issues raised during the Joint FERC and State Regulator Conference held on June 24, 2009, in Charleston, South Carolina.