Posts from — May 2009

On Tuesday, FERC issued a notice requesting supplemental comments to its proposed Smart Grid Policy Statement and Action Plan that was released in March (see March 20, 2009 edition of the WER) due to the release of two Smart Grid funding opportunities offered by the U.S. Department of Energy (“DOE”). [Read more →]

On May 11, 2009, the Commission approved tariff revisions made by the New York Independent System Operator, Inc. (“NYISO”) that will treat wind resources as flexible resources. The revisions will require wind resources to “dispatch down” in order to resolve transmission system constraints. [Read more →]

On Wednesday, the Senate Committee on Energy and Natural Resources (“Senate Energy Committee”) voted for an amendment to Sen. Jeff Bingaman’s (D-NM) transmission bill (see May 8, 2009 edition of the WER) that will limit broad cost allocations for “national interest” power lines in a given region. The amendment, proposed by Sen. Bob Corker (R-TN), could create new financial hurdles for developers proposing large new power line projects. [Read more →]

On Tuesday, Democrats on the House Committee on Energy and Commerce (“House Energy Committee”) met behind closed doors to discuss and negotiate several portions of Rep. Henry Waxman’s (D-CA) energy bill (see April 3, 2009 edition of the WER). While the meeting did not finalize every provision of Rep. Waxman’s energy bill, Democrats on the House Energy Committee agreed to several key portions of the bill. [Read more →]

We continue in our efforts to help bring companies into compliance with the Red Flags Rule. By August 1, 2009, creditors will be required to have an identity theft prevention program in place. [Read more →]