Rates, Regulation, and Policy – August 2014

The ScottMadden Energy Industry Update | August 2014

Just when you thought policy and regulation had begun to settle down, major changes are afoot—or at least proposed. Rules for organized power markets continue to be tweaked as is the LNG export application process. More fundamental changes have been proposed at the federal level, in the form of CO2 emissions regulation, and in at least one state (New York), which is looking at fundamentally changing the role of the local distribution utility. Read more below.

 

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The Energy Industry Update - Volume 16 - Issue 2

The energy industry is changing, and its regulatory and financial moorings are shifting. Competitive markets combined with other factors may lead to early nuclear unit retirement. Continuing changes in energy supply and demand patterns create a complex operation environment for electric utilities. Federal and state policy lines are beginning to blur as states have been increasingly intervening in FERC domain seeking favorable outcomes for their citizens and other local constituencies. In our Update, themed “As Yogi Berra Might Say…,” we look at the unusual picture drawn by the juxtaposition of these changes.
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