Sebastian Lombardi was quoted in an article, "New England Strives for CASPR Consensus," published in RTO Insider. Based on remarks made at the annual Northeast Energy and Commerce Association's Power Markets Conference, the article discusses New England's effort to accommodate state-sponsored renewable energy resources, while preserving competitive wholesale electricity markets. As part of the New England Power Pool's (NEPOOL) Integrating Markets and Public Policy (IMAPP) initiative, the regional grid operator (ISO New England or ISO-NE) has developed a new wholesale market design proposal, called Competitive Auctions with Sponsored Policy Resources (CASPR). ISO-NE's proposal is expected to be voted on at an upcoming NEPOOL Participants Committee meeting in December before any filing is made with the Federal Energy Regulatory Commission (FERC). Lombardi, who serves as counsel to NEPOOL, said "We're hoping for consensus because NEPOOL can't have an affirmative institutional position without some broad agreement being reached." Lombardi added that the NEPOOL Markets Committee considered a number of proposed modifications to ISO-NE's CASPR proposal. "Although some of those proposals were close to getting broad support, at this stage none of them have reached the requisite support needed for NEPOOL approval, but sometimes three weeks is a lifetime in a stakeholder process," Lombardi said. "Folks have been discussing this for a long time and we're now getting to the endpoint and folks are going to have to make some hard decisions." He added that New England has a unique set of rules and governance arrangements whereby "if NEPOOL were to support something that was different from what the ISO wants to file, more than one proposal could be teed up to FERC on equal legal footing, which would provide FERC some optionality."
On June 13, Sebastian Lombardi will be moderating a panel, "Northeast Updates on Tackling Fuel Security," at the 2019 Energy Bar Association (EBA) Northeast Chapter Annual Meeting in Washington, DC.
Alex Judd will be moderating a panel, "Future Cities: Building Projects from the Green Up," at the 2019 New England Energy Conference & Exposition (NEECE), a joint conference of the Northeast Energy and Commerce Association and the Connecticut Power and Energy Society being held at the Mystic Marriott in Groton, CT.
On April 4, Joe Fagan will be speaking at Natural Gas & Pipeline Issues, a 50th Anniversary Master Class presented by the Environmental Law Institute (ELI) and held in Washington, D.C.
Day Pitney Alert
Day Pitney Alert
Josh Cohen, chair of Day Pitney's Bankruptcy and Restructuring practice group was quoted extensively in an article, "FERC Rebuke Won't Be Last Word In PG&E Power Deals Fight," published by Law360.
David Doot, Steven Cash and James Blackburn, IV authored an article, "Risk and Opportunity with the Industrial Internet of Things," which was published in the July-August 2019 issue of The Journal of Robotics, Artificial Intelligence & Law.
Day Pitney Press Release
Partners Josh Cohen and Dave Doot were quoted in an analysis article, "PG&E's Ch. 11 Brings Rift With FERC Over Power Deals," published by Law360.
Day Pitney associate Alexander W. Judd has been elected to serve as Chair of the Energy, Public Utility and Communications Law Section of the Connecticut Bar Association (CBA).