Category — Regulation
FERC Releases Audit Reports for Form No. 552 Compliance
On January 26, 2012, FERC released its first audit reports for Form No. 552 compliance. Form No. 552 is a reporting mechanism for natural gas market participants (see June 18, 2010 edition of the WER) that requires the reporting of physical natural gas transactions that either (a) use an index price, (b) contribute to an index price, or (c) could contribute to an index price. [Read more →]
January 31, 2012 Comments Off
FERC Issues Pilot License for New York Tidal Project
On January 23, 2012, FERC issued the first pilot project license to Verdant Power, LLC (“Verdant”) for its Roosevelt Island Tidal Energy Project No. 12611 (“RITE”). The RITE project will be a 1,050 kW tidal project located on New York’s East River, and the project will use natural tidal currents to generate power from turbines mounted on the riverbed. [Read more →]
January 31, 2012 Comments Off
U.S. District Court for D.C. Rejects EPA Stay of Boiler MACT Rule
On January 9, 2012, the federal district court for the District of Columbia found that the Environmental Protection Agency (“EPA”) was arbitrary and capricious in staying the boiler Maximum Achievable Control Technology (“MACT”) rule. EPA originally bound itself in a consent decree to promulgate the rule under an aggressive schedule and asked the court for a fourteen month extension following criticism of its boiler MACT Notice of Proposed Rulemaking. [Read more →]
January 18, 2012 Comments Off
FERC Directs Bonneville Power Administration to File an OATT Pursuant to New Statutory Authority
On December 7, 2011, the Federal Energy Regulatory Commission (“FERC or the “Commission”) issued an order directing the Bonneville Power Administration (“Bonneville”) to file revisions to its Open Access Transmission Tariff (“OATT”) to provide for transmission service on terms and conditions that are comparable to those under which Bonneville provides service to itself and that are not unduly discriminatory or preferential. [Read more →]
December 13, 2011 Comments Off
EPA Releases Industrial Boiler MACT Reconsideration Rule
On Friday, December 2, 2011, the Environmental Protection Agency (”EPA”) released its third attempt at a Maximum Achievable Control Technology (“MACT”) standard for industrial boilers and process heaters under the Clean Air Act. EPA’s latest proposal is a reconsideration of the final rule that was adopted in February and published March 21, 2011, which EPA promised to revise the same day it was released. [Read more →]
December 5, 2011 Comments Off




