Economic Crisis Resource Center > Troutman Sanders LLP

Posts from — February 2011

FERC Submits Fiscal Year 2012 Budget Request

On February 14, 2011, the Commission submitted their Fiscal Year (“FY”) 2012 Budget Request for $304,600,000.  The budget request represents a 2.8 percent increase over the 2010 actualized numbers, and that amount equals $8,303,000.  The oil industry is the one industry to show a decrease in the Commission budget allotment, and it dropped by 0.6 percent or $7,656,000 for FY 2012.  [Read more →]

February 18, 2011   Comments Off

House Holds Hearings on Climate Bill – Troutman Partner Glaser Testifies

On February 9, 2011, the Subcommittee on Energy and Power of the House Energy and Commerce Committee held hearings on a draft bill authored by full Committee Chairman Fred Upton (D. Mich.) that would revoke EPA authority to regulate greenhouse gases (“GHGs”) under the Clean Air Act (“CAA”). [Read more →]

February 11, 2011   Comments Off

NERC Files Administrative Citation Notice of Penalty

On January 31, 2011 the North American Electric Reliability Corporation (“NERC”) filed its first Administrative Citation Notice of Penalty (“NOP”), at the Federal Energy Regulatory Commission (“FERC” or the “Commission”).  In addition to the Administrative Citation NOP, NERC also filed 22 individual NOPs. [Read more →]

February 11, 2011   Comments Off

Department of Energy Inspector General Releases Report on FERC and Cyber Security

On January 26, 2011, the Inspector General of the Department of Energy (“DOE IG”) released an audit report on the Federal Energy Regulatory Commission’s (”FERC” or the “Commission”) Monitoring of Power Grid Cyber Security” (the “Report”). [Read more →]

February 11, 2011   Comments Off

D.C. Circuit Denies Petition for Review Regarding The PJM Reliability Pricing Model

On February 8, 2011, the United States Court of Appeals for the District of Columbia Circuit (“D.C. Circuit” or the “court”) denied a petition for review filed by the Maryland Public Service Commission and New Jersey Board of Public Utilities (together, “Petitioners”).  [Read more →]

February 11, 2011   Comments Off