Utility of the Future

Case Update: The Supreme Court Upholds FERC Order 745

On Monday, the Supreme Court held that the Federal Energy Regulatory Commission (“FERC”) has jurisdiction under the Federal Power Act (“FPA”) to regulate demand response in wholesale electricity markets.[1]  Although the decision is, first and foremost, a significant victory for the FERC and its efforts to support demand response, it also goes a long way

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EDF Energy Exchange | New York Draws Lessons on Utility Regulation from Across the Pond

As New York scales up its “Reforming the Energy Vision (REV)” activities, the Environmental Defense Fund (EDF) has published a new Energy Exchange blog on lessons New York energy regulators can take from their British counterparts, who have introduced the RIIO model in recent years. EDF’s blog cites the recent Guarini Center roundtable discussion on

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Performance-Based Regulation to Improve Upstream Energy Efficiency

Traditional utility regulation provides inadequate incentives for electric utilities to invest in technologies that reduce network energy losses. This article examines how alternative regulatory designs influence such investments, and simulates the procurement and performance of distribution transformers under differing regulatory scenarios, to demonstrate the enormous potential benefits of a performance-based regulation scheme that targets network losses. Author: Benjamin Mandel Published in: The Electricity

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Reforming New York’s Energy Vision: Implications for Wholesale Electricity Markets

Sponsored by Latham & Watkins LLP On November 3rd, the Guarini Center held an event titled, Reforming New York’s Energy Vision: Implications for Wholesale Electricity Markets at NYU Law. The event addressed the New York Public Service Commission’s “Reforming the Energy Vision (REV)” initiative to reform New York’s electric energy industry and regulatory practices to promote greater

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