JulianaBrint

Jenner & Block advised its client Constellation Energy in connection with a historic $340 million settlement agreement reached by the State of Maryland, Constellation, and local environment groups to secure the re-licensing and continued operation of the Conowingo Hydroelectric Project on the Susquehanna River, the largest source of renewable energy in the state.

In a spate of executive orders and other actions over the last several weeks, the new administration has moved to exert unprecedented control over independent regulatory agencies, including the Federal Energy Regulatory Commission (FERC). With so many directives coming out of the White House, this alert aims to provide one-stop shopping for the key actions affecting FERC and what changes these actions may—or may not—portend. We also discuss FERC Chairman Mark Christie’s comments at a February 20

The firm’s Energy and Corporate Practices advised Pacific Gas and Electric Company (PG&E) on the creation of a transmission lease program pursuant to which nonprofit Citizens Energy Corporation (Citizens) could invest up to $1 billion in PG&E high-voltage transmission projects. PG&E has filed with the California Public Utilities Commission (CPUC) for approval of the program.

The Third Circuit agreed with our argument that the Federal Energy Regulatory Commission cannot retroactively change the rules of an electric capacity auction after those rules have been applied. The victory represents a precedential ruling about how the filed rate doctrine applies to such auctions.