Tag Archives: FERC

New Federal Energy Regulatory Commission Policy Statement Potentially Expands Revenue Opportunities for Electric Storage Resources

By Latham & Watkins on February 17, 2017 Posted in Environmental Litigation, Power, Oil, Gas and Minerals

By Michael Gergen and David E. Pettit On January 19, 2017, the Federal Energy Regulatory Commission (FERC or Commission) issued a new policy statement entitled “Utilization of Electric Storage Resources for Multiple Services When Receiving Cost-Based Rate Recovery” (Storage Policy Statement or Policy Statement), which clarifies that electric storage resources may receive cost-based recovery for … Continue Reading