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Annual FERC Report on Enforcement Is Issued

Any FERC-regulated entity will benefit by perusing the FERC’s latest annual report on enforcement of its regulations.  The FERC 2011 Report on Enforcement (clicking link will download a PDF) is organized functionally by such categories as “significant audit matters,” “significant accounting matters,” “self-reports,” and more.  Specific FERC-regulated entities are named in the report, along with actions (if any) that FERC took in response to non-compliance by the entity.  FERC staff also prepared a presentation (PDF) to accompany the report.


Energy News Roundup: November 27-December 2

This week in regional energy news …


Energy News Roundup: November 12-November 18

This week in regional energy news …


Analysis Group Reports that RGGI Generated $1.6B

According to a new study by the Analysis Group, the Regional Greenhouse Gas Initiative Inc. cap-and-trade energy auction has added $1.6 billion in economic value to its ten member states, including Maine.

In The Economic Impacts of the Regional Greenhouse Gas Initiative on Ten Northeast and Mid-Atlantic States, the Analysis Group quantified the economic benefits of the cap-and trade energy auction based on experience during the first three years of the program.

Key findings include:

  • The regional economy gains more than $1.6 billion in economic value added (reflecting the difference between total revenues in the overall economy, less the cost to produce goods and services)
  • Customers save nearly $1.1 billion on electricity bills, and an additional $174 million on natural gas and heating oil bills, for a total of $1.3 billion in savings over the next decade through installation of energy efficiency measures using funding from RGGI auction proceeds to date
  • 16,000 jobs are created region-wide
  • Reduced demand for fossil fuels keeps more than $765 million in the local economy
  • Power plant owners experience $1.6 billion in lower revenue over time, although they overall had higher revenues than costs as a result of RGGI during the 2009-2011 period
  • Maine received $27.2 million from the auctions, spending the bulk — $22.8 million — on energy efficiency and other utility programs, as well as energy audits and benchmarking.
  • Maine spent approximately $4.4 million on greenhouse gas programs and program administration.
  • In Maine, RGGI generated an economic impact of $92 million and created 918 jobs.




Energy News Roundup: November 5-November 11

This week in regional energy news …


Katie Gray Recognized by Maine Women Magazine

Katie Gray, an associate in Verrill Dana’s Energy Group, was the subject of a recent article in Maine Women that recognizes her emerging energy expertise in regulatory issues, including FERC issues.  The article, in an issue dedicated to emerging women leaders, is titled “Katie M. Gray: She’s the Lone Woman in Regulatory Hearings.”


Verrill Dana Receives Top-Tier Rankings for Energy Law and Administrative/Regulatory Law

U.S. News and Best Lawyers ranks Verrill Dana’s Energy Law and Administrative/Regulatory Law practices in “Tier 1” of Top Law Firms Rankings.  The rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from leading attorneys in their field, and review of additional information provided by law firms as part of the formal submission process.  Overall, Verrill Dana received top-tier rankings in 27 practice areas.  The full rankings for Verrill Dana are available here.