Energy Markets

Energy Markets

Overview

Competitive electric markets are a driving force in the wholesale exchange of energy and capacity across the country. Schiff Hardin’s energy lawyers bring decades of experience and a wealth of knowledge to the table, uniquely positioning us to handle all aspects of matters relating to electric markets. Our experience ranges from assisting individual utility clients in the preparation of FERC market power analyses to helping clients address the issues that arise in cutting-edge regional transmission organization (RTO) markets.

We regularly advise FERC-jurisdictional utilities and non-jurisdictional utilities, helping them navigate RTO market operations and the FERC regulations governing those operations. We provide comprehensive guidance to clients seeking to join an RTO or independent system operator (ISO), as well as to non-members that regularly interact with energy markets. Our attorneys were actively involved in the formation of several of the RTO markets, and we have continued to actively follow the FERC’s most recent efforts to explore price formation in those markets. Representative experience includes:

  • Assisting a non-jurisdictional utility in joining an RTO
  • Assisting a power pool that is not an RTO in analyzing options that may be available for achieving greater efficiency in dispatch and resource utilization
  • Helping a client gain FERC approval of a competitive capacity market design in the face of significant opposition
  • Assisting an RTO in establishing its resource adequacy requirements, successfully addressing multiple complaints
  • Providing counsel in the development of market rules to allow participation of demand-side resource in forward capacity markets and alternative and renewable energy resources in energy markets
  • Assisting utilities seeking to retire uneconomic resources in obtaining either permission from its RTO to retire or to receive special rate treatment to permit continued operation
  • Assisting on issues that arise in coordination of the gas and electric market

Energy & Environmental Law Adviser

Energy Independence is Theme of Trump Environmental Plan

On March 28, 2017, President Trump signed an executive order (EO) called “Promoting Energy Independence and Economic Growth.”  The EO rescinds a host of climate change-related policies and rules instituted by the prior administration, including the Clean Power Plan and the Climate Action Plan. This new energy policy promotes all forms of domestic energy, and,...… Continue Reading

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