As legal professionals, we often look to regulatory commissions for changes that impact our work. Recently, the Federal Energy Regulatory Commission (FERC) caught our attention with Order No. 2023. This order, issued on July 28, 2023, requires all public utility transmission providers to adopt reforms to FERC’s pro forma generator interconnection procedures and agreements.
The order was enacted predominantly to address a significant issue that the sector had been grappling with – interconnection queue backlogs – and also to prevent undue discrimination for new technologies. Revisions such as these can have long-term impacts on the industry, particularly with the shakeup in the technology being utilized. The order was issued by FERC, but the information was provided in an article by Pierce Atwood LLP, a renowned law firm.
The crux of the matter now lies in understanding the specific elements addressed in this order. It’s extremely relevant to us as legal professionals serving in large corporations and law firms, especially those engaged in energy and technology-related cases. By analysing these regulatory changes, we can establish an efficient plan to implement and adhere to these new requirements in our respective operations.
As we move forward in our industry, keeping abreast of such regulatory changes becomes paramount. Regardless of whether we practice in this particular vertical or not, such reforms pave the way for shifting judicial perspectives, and can have significant influence on related rulings and legislations. Therefore, it’s essential to stay informed and prepared for changes of this nature.