Global Power Law & Policy

Legal and Policy Developments Affecting the Global Power Industry.

 

1
K&L Gates’ Quick Guide to the Polish Auction System for Renewables
2
Speakers Confirmed! A Briefing of Financing and Legal Strategies for Energy Procurement by Colleges and Universities
3
The Blockchain Energizer – Volume 35
4
Energizing the Future With Blockchain: How the Environment and Energy Sectors Can Benefit From the Technology Behind Bitcoin
5
FirstEnergy: Bankruptcy Court Asserts Primacy Over FERC; Approves Rejection of Power Purchase Agreements
6
Trump Administration Releases Clean Power Plan Replacement Proposal
7
Please Join Us! A Briefing of Financing and Legal Strategies for Energy Procurement by Colleges and Universities
8
The Blockchain Energizer – Volume 34
9
The Blockchain Energizer – Volume 33
10
K&L Gates Advises innogy on Acquisition of More Than 2,000 MW Onshore Wind Projects

K&L Gates’ Quick Guide to the Polish Auction System for Renewables

K&L Gates is pleased to introduce our Quick Guide to the Polish Auction System for Renewables. Find the full version of the guide here.

Wind energy is breaking new ground in Poland. After a few years of stagnation, there is well-grounded optimism for the dynamic development of onshore and offshore RES.

A 1000 MW wind auction is expected in November 2018, with more to come in 2019. Bidders will compete in offering the lowest price over a 15-year period, plus indexation, and the auction winners will receive an estimated 12–15 billion PLN, i.e., ca. 4 billion EUR over this period.

The government is working on a separate piece of legislation concerning public support for the first offshore wind farms on the Polish Baltic Sea. However, concessions for offshore wind are already awarded and the industry is gearing up for the construction phrase. Offshore wind will likely feature here sooner rather than later.

Never before experienced growth is also anticipated in the solar market, with an auction for around 750 MW of new capacity in 2018. This exceeds by a few times the capacity of all solar installations existing so far in Poland.

The auctions are bound to bring the country closer to meeting the 15% target of renewables’ share in electricity generation. The Polish renewable generation will finally get a much needed boost after the delays experienced on the EU 2020 path.

It is therefore our pleasure to present this quick guide on the auction system for renewables – a compendium of knowledge prepared by the Polish Wind Energy Association and one of the association’s members

– K&L Gates law firm.

We hope that you will find the guide interesting.

Speakers Confirmed! A Briefing of Financing and Legal Strategies for Energy Procurement by Colleges and Universities

K&L Gates is excited to announce that we have confirmed the speakers for our Advancement of Sustainability in Higher Education (AASHE) pre-conference working on Monday, October 1, 2018 at our office in Pittsburgh.

The full agenda is featured below.  Please note that you do not need to attend the full AASHE conference to participate in our complimentary workshop.

For more details and to register click here.

WORKSHOP AGENDA

2:00 P.M. – 2:05 P.M.
WELCOMING REMARKS

2:05 P.M. – 2:45 P.M.
KEYNOTE ADDRESS
Introduction by George Summerfield, K&L Gates, Chicago
LEVERAGING THE ENERGY TRANSITION: OPPORTUNITIES AND CHALLENGES FOR DECARBONIZING UNIVERSITIES
Cities, communities, industry are all facing similar struggles with decarbonization of the grid and transportation. Electrification, paired with the speed, flexibility and opportunities of the digital and data era, are accelerating energy transitions for mobility and the grid and their respective roles in a decarbonized future. Universities are not alone. They are also looking for ways to take better control of their energy sources and demonstrate to current and future students and stakeholders their commitment to a more sustainable energy future. The benefits for a cleaner energy transition for universities are clear. These include saving on the cost of energy, emitting less pollution, engaging in federal and state incentives, and ultimately leading by example by decarbonizing facilities and operations and stewarding the next generation of decision-makers. Prioritization of efforts and resources and bold commitments to 100% renewable energy are needed for a faster transition and enhanced resilience for universities.

SPEAKER: Elizabeth A. Kócs, PhD, MBA
Energy Initiative – Director of Strategy & Operations
Adjunct Assistant Professor, Faculty Fellow, University of Illinois at Chicago
MRS Energy & Sustainability – Editor-in-Chief, Materials Research Society

2:45 P.M. – 3:45 P.M.
DELIVERING THE CAMPUS FOR TOMORROW
Higher Education institutions are often focused on investing in their academic mission. With limited state and federal funding available, they are faced with multi-faceted challenges like modernizing their aged utility infrastructure with more sustainable technologies, reducing ongoing utility costs, ensuring resilient operations and deploying capital to fund these initiatives that are outside of their core mission. Unique commercial structuring with the ability to tap third party capital resources can help mitigate these challenges and help develop and deliver the campus of tomorrow.

SPEAKERS:

  • James Wrathall, Counsel, K&L Gates (Moderator)
  • Edmundo de la Fuente, Counsel, K&L Gates, Houston
  • John Givens, Senior Developer, Campus Energy Infrastructure, ENGIE North America
  • Santanu Khan, VP Business Development, Head of Campus Energy Infrastructure Investment, ENGIE North America
  • Jeffrey Matthews, Director, Investment Banking, Barclays

3:45 P.M. – 4:00 P.M.
BREAK

4:00 P.M. – 5:00 P.M.
PANEL DISCUSSION: EVALUATING AND IMPLEMENTING STRATEGIES FOR MEETING RENEWABLE ENERGY AND SUSTAINABILITY GOALS

SPEAKERS:

  • Teresa Hill, Partner, K&L Gates, Portland (Moderator)
  • Rob Andrejewski, Director of Sustainability, University of Richmond
  • Christen Blum, Commercial Director, Edison Energy
  • Dennis Carlberg, Sustainability Director, Boston University
  • George Nelson, Director of Origination, ENGIE

5:00 P.M. – 7:00 P.M.
RECEPTION

The Blockchain Energizer – Volume 35

By Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space. To subscribe to the Blockchain Energizer, please click here.

Come out and say hello to Blockchain Energizer co-author Buck Endemann as he presents on blockchain and renewable fuel standard, RINs, and biodiesel issues at the Oil Price Information Service (OPIS) conference in Chicago on October 1–3, 2018!

IN THIS ISSUE

  • Clean Energy Blockchain Network to Provide an Automated Clean Energy Certification Service and EV Charging Station that Powers Low-Income Households.
  • Share&Charge Foundation Plans to Create an EV Charging Stations Network Using the Energy Web Foundation’s Blockchain Platform.
  • ENGIE and Maltem Establish “Blockchain Studio” to Provide Software to Facilitate Commercial Adoption of Blockchain-based Applications.

To view more information on theses topics in Volume 35 of the Blockchain Energizer, click here.

Energizing the Future With Blockchain: How the Environment and Energy Sectors Can Benefit From the Technology Behind Bitcoin

Please Join K&L Gates and ELI and use our Sponsor Discount Code!

Join K&L Gates’ Buck B. Endemann and Ben L. Tejblum, along with an expert panel in San Francisco, CA for a detailed seminar on how blockchain operates as well as how it can be applied in the environmental and energy sectors.

Panelists:

Click here to learn more about the event and to register.

K&L Gates is pleased to offer a registration discount to colleagues and friends of the firm. To receive the discount code, please email janina.quilacio@klgates.com.

FirstEnergy: Bankruptcy Court Asserts Primacy Over FERC; Approves Rejection of Power Purchase Agreements

By Charles A. Dale III, William M. Keyser, David A. Mawhinney, and Michael L. O’Neill                      

In a closely watched battle between FirstEnergy Solutions (“FirstEnergy”) and the Ohio Valley Energy Corporation (“OVEC”) that could have significant implications for the U.S. power sector, the U.S. Bankruptcy Court for the Northern District of Ohio asserted its primacy over the Federal Energy Regulatory Commission (“FERC”) in deciding whether to allow FirstEnergy to repudiate certain FERC-regulated power purchase agreements (“PPAs”). In a decision with significant implications for all participants in rapidly evolving wholesale power markets, the bankruptcy court applied the highly deferential business judgment standard instead of the more stringent standard applied by FERC when evaluating proposed changes to PPAs featuring mutually agreed-upon filed rates. The court’s decision is now the subject of a direct appeal to the U.S. Court of Appeals for the Sixth Circuit, and the outcome may inspire additional action by Congress and the president.

To read the full alert, click here.

 

Trump Administration Releases Clean Power Plan Replacement Proposal

Advancing President Trump’s campaign promise to end the “war on coal,” on August 21, 2018, the U.S. Environmental Protection Agency (“EPA”) proposed a new rule to replace the Obama administration’s Clean Power Plan (“CPP”). Unlike the CPP, the proposed Affordable Clean Energy Rule (the “ACE Rule”) does not set numerical standards or targets for greenhouse gas (“GHG”) emissions. Instead, the ACE Rule would give states flexibility to set their own standards of performance for existing coal-fired power plants. EPA asserts that the ACE Rule will eventually reduce GHG emissions to a similar extent as the CPP would have; however, according to EPA, the ACE Rule would reduce GHG emissions by 1.5% by 2030, compared to 32% by 2030 under the CPP. Interested parties will have 60 days from the date of publication in the Federal Register to comment on the ACE Rule.

To read the full alert, click here.

Please Join Us! A Briefing of Financing and Legal Strategies for Energy Procurement by Colleges and Universities

An AASHE Pre-Conference Workshop

At K&L Gates, we are helping higher education institutions develop and implement strategies to meet their full array of energy goals. As global demand grows for clean and reliable energy, many higher education institutions are designing and implementing new energy strategies to achieve institutional sustainability targets, reduce operating costs, and improve reliability.

Join us for a pre-conference workshop at our office in Pittsburgh on Monday, October 1 from 2:00 p.m. – 5:00 p.m. as we outline new opportunities for energy procurement by colleges and universities. During our workshop, we will feature Elizabeth Kocs, Head of Sustainable Energy Institute at University of Illinois-Chicago for a keynote address.

One of our dynamic panels will include members of the ENGIE Campus Energy Infrastructure Investment team that structured the innovative deal with Ohio State University, allowing OSU to become an international leader in energy and sustainability. They will discuss the multi-faceted challenges of modernizing aged utility infrastructure with more sustainable technologies, reducing ongoing utility costs, ensuring resilient operations and deploying capital to fund these initiatives that are outside of their core mission.

A second panel discussion will focus on the options for the purchase of renewable energy, covering everything from the mechanics of on- and off-site renewable energy procurement and risk mitigation strategies for large scale off-site renewable purchases, to the unique challenges and opportunities for higher education institutions in meeting their energy sustainability goals.

For more information and to register, click here.

The Blockchain Energizer – Volume 34

By Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space. To subscribe to the Blockchain Energizer, please click here.

IN THIS ISSUE

  • Senate Committee on Energy and Natural Resources holds Hearing to Discuss Energy Efficiency and Cybersecurity of Blockchain Applications.
  • Energi Mine and Jem Energy Partner to Incentivize Consumers to Reduce their Energy Use.
  • Petroteq is Collaborating with MetzOhanian to Develop Blockchain Applications for Oil and Gas Blockchain PetroBLOQ.
  • China’s Largest Electric Bus Operator to Raise Capital through Asset-backed Digital Products Distributed via Blockchain.

To view more information on theses topics in Volume 34 of the Blockchain Energizer, click here.

The Blockchain Energizer – Volume 33

By Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space. To subscribe to the Blockchain Energizer, please click here.

IN THIS ISSUE

  • Four New York Utilities Will Collaborate to Develop “Transformative” Use Cases for “Shared Blockchain Infrastructure.”
  • Franklin County Public Utility District (“PUD”) Becomes Third Washington PUD to Place a Moratorium on Cryptocurrency Miner Applications for Electricity.
  • Green Power Exchange and bitcoinClean Developers Partner to Promote a Green Energy Trading and a Green bitcoin Hardfork.

To view more information on theses topics in Volume 33 of the Blockchain Energizer, click here.

K&L Gates Advises innogy on Acquisition of More Than 2,000 MW Onshore Wind Projects

3 August 2018

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