Energy Law Journal

Energy Law Journal is a trade journal focusing on Energy Law

Articles from Vol. 23, No. 2, 2002

Comment: The Legal Impediments to Distributed Generation
I. INTRODUCTION Distributed generation1 (DG) is modular electric generation usually sited near the point of use.2 Recent advances3 in DG technology have refocused national debate from feasibility to implementation. DG could improve electricity distribution...
Competition in Wholesale Electric Power Markets
I. INTRODUCTION AND SUMMARY For almost seventy years, the Federal Power Act (FPA) has required the Federal Energy Regulatory Commission (FERC or Commission) and its predecessor to allow wholesale or bulk power sales only at rates that are "just and reasonable"...
In Memoriam: Judy M. Johnson
Judy M. Johnson, a long-time member of the Association, died in Houston, Texas, on June 9, 2002, after a brief illness. Judy was nationally recognized for her legal expertise in the energy regulatory field and was a sought-after speaker for energy industry...
Making Competition Work in Electricity
MAKING COMPETITION WORK IN ELECTRICITY by Sally Hunt (Wiley 2002) This is a timely book that challenges the reader. It is written in an engaging style by Sally Hunt, formerly head of the energy practice at National Economic Research Associates (NERA).1...
Natural Gas & Electric Power Industries Analysis
NATURAL GAS & ELECTRIC POWER INDUSTRIES ANALYSIS by Robert Willett, Editor (Financial Communications Company, 2002) With the 2002 edition of Natural Gas & Electric Power Industries Analysis, Editor Robert Willett continues an annual tradition...
Performance-Based Regulation of Utilities
I. INTRODUCTION Performance-based regulation (PBR) is an alternative to traditional cost of service regulation of energy utilities. In North America, PBR plans have been approved in such diverse jurisdictions as Alberta, California, Florida, Illinois,...
President's Message
Over the past year we have witnessed a series of unprecedented events in the energy industry. Uncertainty pervades the energy market. Major energy companies that were thought to be thriving are facing the prospect of bankruptcy. Numerous others are restructuring...
Regulatory and Tax Treatment of Electric Interconnection Facilities
I. INTRODUCTION Over the last twenty-five years, the electric power industry has been transformed from one that favored vertically-integrated monopolies to one that now generally endorses competitive generation supply. The evolution of the industry has...
Report of Finance and Transactions Committee
I CHANGES TO UNIFORM COMMERCIAL CODE ARTICLE 9 A. Introduction Revised Article 9 (Revised Article 9) of the Uniform Commercial Code (UCC) has been adopted in most jurisdictions, effective as of July 1, 2001.1 It implements substantial changes to the...
Report of the Ethics Committee
REPORT OF THE ETHICS COMMITTEE* I. INTRODUCTION Over the past year, the American Bar Association Standing Committee on Ethics and Professional Responsibility (ABA Committee) has issued two formal opinions that are relevant to lawyers who work in the...
The Pig in the Python: Is Lumpy Capacity Investment Used and Useful?
I. INTRODUCTION A recurring question in the regulation of public utilities is whether the entity should be permitted to recover the cost of particular assets through its allowed rates. The traditional standards have been the backward-looking "prudency"...
The Portuguese Renewable Energy Market
I. INTRODUCTION The Portuguese Electricity Market is an example of the restructuring process moving from a public monopoly situation to a moderate liberalization required for the completion of the European Electricity Market.2 In line with the Kyoto...
The Used and Useful Test: Implications for a Restructured Electric Industry
In the late 1980s, the demand for electricity was growing steadily in Vermont. Vermont utilities sought out new supplies that would provide longterm price stability. Additionally, Vermont utilities, politicians, and regulators were concerned about forecasts...