Energy prices are falling, but reliability concerns are rising. A natural gas revolution spawned by low-cost and abundant shale gas production has moderated prices and reduced volatility. Regulators have turned their focus to compliance with new reliability standards. The Federal Energy Regulatory Commission has initiated numerous investigations and enforcement actions under its new authority. FERC issued a major order mandating regional transmission planning directing transmission providers to revise tariffs and implement a regional planning process to address reliability and public policy initiatives.
Meanwhile, regulations from the Dodd-Frank Act are emerging from the Commodities Futures Trading Commission. Those rules will change how energy is traded in 2012 and beyond.
Miller, Balis & O'Neil, P.C. attorneys understand what is happening in these turbulent times. They bring a wealth of detailed energy industry and regulatory experience to any discussion or transaction. That experience helps to assure that the interests of energy consumers-whether big or small-are not ignored in Washington or at the bargaining table.