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Washington Energy Report - June 1

June 1, 2010

FERC and NERC Release Summer 2010 Reserve Margin Forecasts

On May 20, 2010, the Federal Energy Regulatory Commission’s (“FERC” or the “Commission”) Staff presented the “Summer 2010 Energy Market and Reliability Assessment” report. The assessment relied on data from the North American Electric Reliability Corporation’s (“NERC”) assessment of demand and capacity forecasts and data from several reliability regions.  [Read more →]

Full Impact of Oil Spill on Energy Industry Still Unknown

On April 20, 2010, a fire on the offshore Deepwater Horizon oil rig caused an explosion killing eleven workers.  Within two days, the oil rig sank causing a pipe to break, and since then oil has been spreading rapidly in the Gulf of Mexico.  Although the media focus has been on efforts to stop the oil spill, the impact of the oil spill is also affecting proposed federal energy legislation and regulatory oversight of the energy industry in general. [Read more →]

FERC Clarifies Open-Access Transmission Services Policies

On May 20, 2010, FERC rejected SunZia Transmission LLC’s (“SunZia”) request for a declaratory order that it may allocate firm transmission rights, reserve capacity to affiliated generators, and use negotiated rate authority for a proposed transmission project in New Mexico and Arizona.  However, FERC provided a description of how the project could be restructured in order to meet the Commission’s requirements.     [Read more →]

FERC Approves NYISO Market Mitigation Reforms

On May 20, 2010, FERC accepted a request by the New York Independent System Operator, Inc. (“NYISO”) to subject three generators to a new market mitigation rate schedule (“Rate Schedule M-1”).  [Read more →]

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