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."
Day Pitney Alert
Day Pitney Alert
Paul Belval will be speaking on "Alternative Financing for Renewable Energy Projects: Evaluating Options, Structuring the Deal" for a webinar presented by Strafford.
On May 18, Beth Barton and Mike Miller will be speaking at the Connecticut Business & Industry Association (CBIA) Energy & Environment Conference in Farmington, CT.
Alexander Judd moderated a panel discussion, "Governments Are Leading the Way with Energy Procurement," at the 2018 ABA Section of State and Local Government Law Spring Meeting in Detroit, MI.
Day Pitney Press Release
Paul Belval will be honored at "Celebrating Leaders for Justice," a dinner and ceremony being presented by the Greater Hartford Legal Aid (GHLA) Foundation.
Joseph Fagan was quoted in an article, "Fuel shippers seek U.S. review of 'excessive' Colonial Pipeline rates," published by Reuters.
Day Pitney and the National Governors Association (NGA) hosted an invitation-only forum, held at the Downtown Harvard Club of Boston, that brought together lawyers, policymakers, cybersecurity experts and other participants to identify and discuss legal issues related to the growing Industrial Internet of Things (IIoT).
Elizabeth Barton was quoted in an article, "Why Businesses Must Lead on Sustainability," published by the Connecticut Business and Industry Association, Inc.