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Consulting, LLC
The Supreme Court on Energy in 2016 What it means to your business
PRESENTATION TO SOLAR POWER INTERNATIONAL SEPTEMBER 14, 2016
©2016ELECTRICADVISORSCONSULTING–PROPRIETARY.ALLRIGHTSRESERVED. 1
FRANK LACEY ELEC TRIC ADVISORS CONSULT ING
FRANK@EACPOWER .COM
Electric Advisors ConsulLng
ElectricAdvisorsConsulFngprovidesstrategicguidancetocompaniestryingtonavigatethecomplexmazeofchangingenergymarketdynamicsandregulaFons.
FrankLacey–PresidentandPrincipalConsultant–MBAfromCarnegieMellonUniversityand23yearsevolvingenergymarketexperience,includingworkatArthurAndersenBusinessConsulFngand15yearsdirectretailanddemandmanagementexperience.
BoardofDirectorsSmartEnergyPowerAlliance(FinanceCommiYee)
ChairmanoftheAdvancedEnergyManagementAlliance
9/15/16 PROPRIETARYINFORMATION–©2016BYELECTRICADVISORSCONSULTING,LLC 2
Supreme Court Steps – FERC 745 Oral Argument
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Circuit Court – ESPA v. FERC
“Demandresponse—simplyput—ispartoftheretailmarket.Itinvolvesretailcustomers,theirdecisionwhetherto
purchaseatretail,andthelevelsofretailelectricityconsumpFon.”
9/15/16 PROPRIETARYINFORMATION–©2016BYELECTRICADVISORSCONSULTING,LLC 4
Seven Years TIMELINE FOR DUE PROCESS
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Supreme Court – Hughes v. Talen
“Wethereforeneednot…addressthepermissibilityofvariousothermeasuresStatesmightemploytoencouragedevelopmentofneworcleangeneraFon,includingtaxincenFves,landgrants,
directsubsidies,construcFonofstate-ownedgeneraFonfaciliFes,orre-regulaFonoftheenergysector.NothinginthisopinionshouldbereadtoforecloseMarylandandotherStates
fromencouragingproducFonofneworcleangeneraFonthroughmeasures‘untetheredtoagenerator’swholesale
marketparFcipaFon.’”
9/15/16 PROPRIETARYINFORMATION–©2016BYELECTRICADVISORSCONSULTING,LLC 6
The Third Case AEMA V. FERC
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Pulling it all together ! Legally--FERC/StatejurisdicFonallinesareabitmoreclear
! Foryourbusiness! SevenyearsisalongFmetobefacingregulatory/legaluncertainty! ResourceswillbeabletoparFcipateinwholesalemarketsandwillbe
ableto“affect”wholesaleprices.! StateswillbeabletoincenFvizeyourresourcesaslongastheincenFve
itselfdoesn’tinterferewiththeFERC-jurisdicFonalmarkets.! Comebackin2021forfinalansweronFERC’sreachdownintostates
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Electric Advisors ConsulLng
ElectricAdvisorsConsulFngisafirmdedicatedtohelpingelectricitymarketparFcipantsfindbusinesssoluFonsinthemazeofregulaFonsimpacFngthem.FrankLaceyisthefoundingPrincipalofthefirm.FrankhasworkedintheenergyfieldattheintersecFonofregulaFonandbusinessstrategyforover20years.
Hecanbereachedat: [email protected]
610-793-2809 www.electricadvisorsconsulFng.com
9/15/16 PROPRIETARYINFORMATION–©2016BYELECTRICADVISORSCONSULTING,LLC 9