Archives: FERC

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FERC Proposes to Adopt NAESB Standards for Demand Response and Energy Efficiency

by Elizabeth P. Philpott The Federal Energy Regulatory Commission (FERC) issued a Notice of Proposed Rulemaking (NOPR) on April 19 to amend its regulations “to incorporate by reference the business practice standards adopted by the Wholesale Electric Quadrant of the North American Energy Standards Board (NAESB) that pertain to the measurement and verification of demand … Continue Reading

FERC Conditionally Accepts New Enforcement Mechanism for Electric Reliability Standards

by Elizabeth P. Philpott The U.S. Federal Energy Regulatory Commission (FERC) recently approved with conditions the North American Electric Reliability Corporation’s (NERC) petition proposing the use of the “Find, Fix, Track and Report” (FFT) to report possible lesser-risk violations of Reliability Standards.  FERC determined that the FFT initiative would more efficiently process lesser-risk violations and promote … Continue Reading

Welcome to McDermott’s Energy Business Law Blog

Welcome to McDermott’s Energy Business Law Blog.  Our objective in this forum is to provide our readers with insights into the evolving regulatory, business, tax and legal issues affecting the U.S. and international energy and commodities markets.  Contributions to this blog will be a collective effort of lawyers and professional staff that are part of … Continue Reading

FERC Enforcement Priorities Unchanged for 2012

by Elizabeth Philpott Fraud and market manipulation, serious violations of the reliability standards, anticompetitive conduct, and conduct that threatens the transparency of regulated markets will continue to be the focus of FERC investigations and enforcement actions in 2012 according to the 2011 Annual Report on Enforcement. The 2011 Report, issued November 17, 2011, describes the … Continue Reading