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Pierce Atwood successfully represented the U.S. Energy Storage Association in a Federal Energy Regulatory Commission rulemaking. In its Order 841, FERC found that existing RTO/ISO market rules are unjust and unreasonable in light of barriers that they present to the participation of electric storage resources.
We successfully obtained from the Federal Energy Regulatory Commission (FERC) two key waivers of its capacity release rules for a large independent oil and gas producer client. FERC requires that shippers on natural gas pipelines that seek to transfer pipeline capacity in connection with a large transaction or exiting the natural gas supply business seek a waiver of the capacity release rules and policies to ensure that there are no inadvertent violations.
Represented Florida Power and Light on real estate title, easements, entitlements, and documentation, as well as the transfer of federal, state, and local environmental and land use approvals, in connection with the acquisition of the Seabrook, New Hampshire Nuclear Power facility.
We represent Fox Islands Wind LLC, the developer and operator of an innovative island community wind project, in all aspects of its business, including environmental permitting, real estate, litigation, corporate, and compliance matters.
Represented Fox Islands Wind, LLC in the development of an innovative initiative supported by the island's consumer-owned electric cooperative, nonprofit institutions, and private investors, which included the receipt of federal production tax credits.
We are assisting Ascendant, BELCO, and other Ascendant companies with preparing comprehensive legislation, implementing regulations, and related materials for consideration by Ascendant and other stakeholders within Bermuda, in order to create a legal, regulatory, and publicly accepted framework that will support necessary investment in energy infrastructure (including renewable generation and a proposed LNG import facility, to permit gas-fired power generation), demand-side management, a significant roof-top PV program, and related efforts to diversify BELCO’s generation portfolio, and stabilize customer costs, while maintaining a robust and reliable system and without triggering further retail price hikes that would be politically infeasible.
We represent the national electric transmission company of Kyrgyzstan in negotiating all project documents related to the development of the Central Asia-South Asia (CASA-1000) Transmission Project, a 1300 MW transmission line to enable the sale of excess summer hydropower from the Kyrgyz Republic and Tajikistan to Afghanistan and Pakistan. The $1.3 billion project, to be financed by the World Bank and other multilateral institutions, involves construction of three DC/AC converters, over 750 km of HVDC lines and 477 km of HVAC lines. The project achieved financial close in April 2015 and construction is scheduled to start in 2016.
Helped devise and negotiate innovative project development loan and equity option agreements between a private equity fund and a renewable project developer to secure, fund and ultimately develop renewable projects.
We represented the Independent Oil & Gas Association of West Virginia, Inc. in a successful resolution of a contentious multi-party settlement of Texas Eastern Transmission's revised natural gas quality specifications. This settlement secured the flexibility and standards needed for Marcellus Shale gas and traditional Appalachian supplies to meet pipeline specifications.
On behalf of the European Bank for Reconstruction and Development (EBRD), we drafted a “Green Economy Law” for the Ministry of Economy and Budget Planning in Kazakhstan, which involved an assessment of Kazakhstan’s existing laws in a variety of sectors (including the Environmental Code, the Water Code, the Electricity Law, the Renewable Energy Law, the Tax Code and the Administrative Offences Code), as compared to international best practices for “green principles.” Pierce Atwood and its local lawyers in Astana and Almaty participated in meetings with stakeholders, and then proceeded to develop amendments to 22 laws and their related sub-acts. The final Green Economy Law will introduce green economy principles into Kazakhstan’s legislative framework, based on models taken from countries that are leaders in “green economy” best practices in environmental management, including water usage, waste disposal and management, air emissions, and energy efficiency.