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HTMLCFTC Loosens Requirements for Swaps for Utility Special Entities
Annie Dai Kwan, Diana M. Liebmann, Jeffrey J. Nichols, Brian Sung; Haynes Boone LLP;
Legal Alert/Article
April 14, 2014, previously published on April 4, 2014
On March 21, 2014, the Division of Swap Dealer and Intermediary Oversight (“Division”) of the CFTC issued a no-action relief letter (the “2014 Letter”), to temporarily allow entities to deal in utility operations-related swaps, as defined in the 2014 Letter, without counting...

 

HTMLMichigan Coop to Switch to District-Specific Board of Directors
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 2, 2014
The members of Great Lakes Energy, an electric cooperative based in Boyne City, Michigan, have voted to adopt a bylaw amendment switching to district-based voting for board members.

 

HTMLExcelerate Energy and PREPA Sign Definitive Agreements for the Aguirre Offshore GasPort Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 8, 2014
Globe Newswire reports that Excelerate Energy and the Puerto Rico Electric Power Authority (PREPA) have executed definitive agreements for the procurement, construction and operation of the Aguirre Offshore GasPort terminal, proposed for the south coast of Puerto Rico.

 

HTMLHawaii Gas Lands First Shipment of LNG
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 8, 2014
The Star Advertiser reports that on Monday Hawaii Gas landed its first containerized shipment of LNG at Honolulu Harbor, Hawaii. Last month, the Hawaii Public Service Commission authorized shipments of LNG to Hawaii Gas from the U.S. mainland as part of a backup supply to Hawaii Gas’s...

 

HTMLVermont Net Metering Frees Customers to Install Solar Panels
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 2, 2014
Vermont Governor Peter Shumlin recently signed a new law that should help free customers of the state’s electric utilities and allow them to install solar panels on their homes. Previous legislation mandated a cap on the state’s net metering program of 4% of a utility’s peak...

 

HTMLKansai Electric to Buy Cameron LNG Supplies at Henry Hub-Linked Prices
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 1, 2014
Reuters reports that Japan’s Kansai Electric Power Co. has entered into an agreement to purchase 400,000 tonnes of LNG per year from Mitsui & Co. over a 20-year period from the Cameron LNG terminal at Henry Hub-linked prices, starting in late 2017.

 

HTMLBipartisan Support Builds for Size and Flexibility of RUS Lending Program
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 10, 2014, previously published on April 7, 2014
One hundred sixty-nine House members—89 Republicans and 80 Democrats—have voiced their support for the Obama Administration’s proposal to set funding of the Rural Utilities Service (RUS) Electric Loan Program at $5 billion for fiscal year 2015. However, they have also asked that...

 

HTMLHistoric Procurement Opportunities: Comprehensive Economic Trade Agreement with Europe Dramatically Changes Public Utility Procurement
Robert A. Glasgow, Brenda C. Swick; McCarthy Tétrault LLP;
Legal Alert/Article
April 10, 2014, previously published on March 28, 2014
For the first time Canadian “Public Utility Companies” will have their procurement processes, evaluation methodologies and contract awards subject to international disciplines under the Comprehensive Economic Trade Agreement (“CETA”) between Canada and the European Union. ...

 

HTMLBill Would Freeze Ohio’s Green Energy Standards
McDonald Hopkins LLC;
Legal Alert/Article
April 7, 2014, previously published on April 4, 2014
The Senate Public Utilities Committee heard testimony this week on a bill to freeze Ohio’s alternative energy and energy efficiency standards, which were enacted in Senate Bill 221 of the 127th General Assembly. During sponsor testimony on Senate Bill 310, Senator Troy Balderson...

 

HTMLAn End in Sight for Local Jurisdictional Dispute
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 1, 2014, previously published on March 27, 2014
The city council for McLeansboro, Illinois, appears ready to settle a multi-year lawsuit against Wayne-White Electric Cooperative and a local school district alleging that the coop impinged on the exclusive rights of the municipal electric utility to serve the local high school.

 


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