Tag Archives: COVID-19

FERC Announces Actions to Ease Compliance Burdens on Regulated Entities

On April 2, the Federal Energy Regulatory Commission (“FERC” or “Commission”) Chairman Neil Chatterjee announced additional steps the Commission is taking as regulated entities struggle to balance ensuring continued operations on one hand and regulatory compliance burdens on the other during the COVID-19 pandemic. According to Chatterjee, while “the Commission will continue its market surveillance efforts to protect market participants and consumers from the effects of anti­competitive behavior,” the Commission will exercise prosecutorial discretion in addressing events that arise during the pandemic and “will not second-guess the good faith actions that regulated entities take in the face of this emergency.”

With respect to enforcement actions related to operations occurring during the pandemic period,… More

What the Energy Sector Needs to Know about the CARES Act

Overview

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), the third and by far the largest stimulus package passed by Congress to respond to the COVID-19 outbreak. As discussed in our main alert, the $2 trillion CARES Act amounts to what will be the biggest economic stimulus package in American history.

A number of specific provisions in the Act are aimed at energy infrastructure,… More