electricity markets
Reviewing Agency Indecision
The Third Circuit straightens out a quirk in FERC law, to the benefit of renewable energy.
A case decided by the Third Circuit last week is important for two reasons. It clarifies an important procedural issue applying to the Federal Energy Regulatory Commission (FERC). And it upholds an important policy shift regarding renewable energy by the country’s largest grid operator. Since you’re probably more interested in the second point than the …
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CONTINUE READINGEnergy Price Shocks and the Failures of Neoliberalism
Why it’s time to rethink electricity market design to ensure a clean and equitable energy future
This post was originally published on the Law and Political Economy blog. The global energy price shocks of the past two years have made it painfully clear that energy cannot be treated as an ordinary commodity and that many governments have been insufficiently attentive to energy security. Given its dependence on Russian gas, the EU has …
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CONTINUE READINGThe Paradox of Electricity Deregulation
This is one setting where “deregulation” is a lot more complicated than regulation.
You might think that deregulation means sweeping away regulations, which ought to make the law much simpler. But the opposite is true in the electricity sphere. The regulatory system in states taking the traditional fixed-price approach is actually much easier to understand than the so-called deregulation method. Instead of saying “deregulation” it would be better …
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CONTINUE READINGGuest Blogger David Schraub: Vermont Environmentalists File FTC Challenge over “Double-Counting” RECs
David Schraub is the Darling Foundation Fellow in Public Law at the University of California Berkeley School of Law. Represented by Patrick A. Parenteau and Douglas A. Ruley of the Vermont Law School’s Environmental and Natural Resources Law Clinic, four Vermont residents have petitioned the FTC to investigate alleged misleading marketing practices by Green Mountain …
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