Economic Crisis Resource Center > Troutman Sanders LLP

Posts from — May 2009

FERC Refuses to Intervene in Dispute Over Allocation of Payments to Retail Customers

On May 8, 2009, FERC rejected proposed amendments to Entergy Services, Inc.’s (“Entergy”) System Agreement regarding allocation of bandwidth payments and receipts, finding that the Commission does not have jurisdiction to determine the allocation of such costs between state jurisdictions. [Read more →]

May 15, 2009   Comments Off

NERC Makes Cyber Security Standards More Stringent by Taking Away “Reasonable Business Judgment”

On May 6, 2009, the North American Electric Reliability Corporation (“NERC”) approved revisions to eight cyber security standards for America’s bulk power system as part of their standards revision work plan. The primary revision was the removal of “reasonable business judgment” language in response to concerns FERC voiced in Order No. 706 issued on January 18, 2008. [Read more →]

May 15, 2009   Comments Off

New Bingaman Draft Scales Back Federal Siting Proposal

On Wednesday, the Senate Energy and Natural Resources Committee (“Energy Committee”) released a joint staff draft of Chairman Jeff Bingaman’s (D-NM) energy bill that would address concerns by states on cost allocation as well as give the Department of the Interior authority to site new transmission lines on federal lands. [Read more →]

May 8, 2009   Comments Off

FERC Releases Audit Reports of NYISO and SPP

On Wednesday, the Commission approved two separate Audit Reports from the Division of Audits in the Office of Enforcement (“OE”), one for the New York Independent System Operator, Inc. (“NYISO”) and one for Southwest Power Pool, Inc. (“SPP”). [Read more →]

May 8, 2009   Comments Off

Kelliher Accepts Position at FPL

On Thursday, FPL Group, Inc. (“FPL”) announced that former FERC Chairman Joseph T. Kelliher will serve as the company’s Executive Vice President, Federal Regulatory Affairs. The newly created position will have Kelliher oversee all of FPL’s federal energy regulatory policy matters. Kelliher will report directly to FPL’s Chairman and CEO. [Read more →]

May 8, 2009   Comments Off