New FERC Aggregation Order for Distributed Energy Resources: Qualifications, ISOs/RTOs Directives, State-Opt Outs
Course Details
- smart_display Format
On-Demand
- signal_cellular_alt Difficulty Level
- work Practice Area
Energy
- event Date
Thursday, December 10, 2020
- schedule Time
1:00 p.m. ET./10:00 a.m. PT
- timer Program Length
90 minutes
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
This CLE course will guide energy sector attorneys on the new FERC order regarding the aggregation of distributed energy resources. The panel will discuss next steps for participants, qualifications, new directives for independent system operators and regional transmission organizations (ISOs/RTOs), state-opt outs, and other key items that must be considered to benefit from the new aggregation order for energy markets.
Mr. McAllister advises clients subject to regulatory oversight in the natural gas, crude oil, natural gas liquids, and electric power sectors of the energy industry. He focuses on compliance with regulatory provisions administered by the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) that affect the energy industry. He also advises on energy transactions concerning acquisitions, divestitures, mergers, and development of oil and gas infrastructure.
Mr. Urban advises clients on regulatory matters in the electric industry before federal and state regulatory agencies and appellate courts. He represents clients before the Federal Energy Regulatory Commission (FERC) on matters under the Federal Power Act, Natural Gas Act, Public Utility Holding Company Act and Public Utility Regulatory Policies Act. After law school, Mr. Urban worked in the Office of the General Counsel for FERC, where he reviewed and analyzed filings and responsive pleadings submitted under the Federal Power Act, including Sections 205 and 206.
On Sept. 17, 2020, FERC issued Order No. 2222 to further reform wholesale electric markets by removing barriers to the participation of distributed energy resource (DER) aggregations in the capacity, energy, and ancillary service markets operated by ISOs/RTOs. Energy sector counsel and participants must grasp a complete understanding of how this order may have an impact on market rules and potential opportunities for DER aggregators.
The rule applies to various DERs, including electric storage resources, distributed generation, energy efficiency, thermal storage, electric vehicles, and other resources. However, the rule also has strict qualification requirements for participants, outlines new directives for ISOs/RTOs, and provides certain opt-outs for states.
Listen as our panel discusses the impact of FERC Order No. 2222, key requirements, and potential challenges, as well as outlines next steps for participants seeking to benefit from the new aggregation order for energy markets.
- The value of DERs to the electric grid
- Evaluating current pricing approaches
- Net metering
- Fixed charges
- Net metering caps
- New FERC aggregation order
- Participant requirements
- New directives for ISOs/RTOs
- State opt-out
- Next steps and other considerations for participants
The panel will review these and other key issues:
- What is the value of DERs?
- What is the impact of FERC Order No. 2222 for electric utilities?
- What are the requirements for participants under the new FERC aggregation order for DERs?
- What new directives must be followed by ISOs/RTOs?
- What options are available for states under the new order?
- What other items must be considered to benefit from the new aggregation order for energy markets?
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