Smart Grid Development and Implementation: Legal Strategies

Tackling Standard Setting, Pricing, Cost Recovery and Regulatory Incentives

Recording of a 90-minute CLE webinar with Q&A


Conducted on Tuesday, November 10, 2009

Recorded event now available

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Program Materials

This seminar will discuss the challenges for businesses and their legal counsel in smart grid development and implementation and will review steps the federal government has taken to advance the process.

Description

Climate change and energy independence are challenges that require efficient use of energy infrastructure and resources. Developing and implementing the smart grid are critical to overcoming these challenges—and environmental counsel play a key role.

In July 2009, the Federal Energy Regulatory Commission (FERC) issued a policy statement on smart grid technologies, providing guidance on future smart grid interoperability standards. The statement also included an interim incentive rate policy that applies to near-term smart grid deployments.

To encourage deployment of smart grid projects, the federal government allocated billions in federal funds for investment. However, companies must address a variety of complex legal issues as the smart grid is developed, including standards development, pricing and rate design, and cost recovery.

Listen as our authoritative panel of legal specialists examines the regulatory issues facing companies and counsel involved in the implementation of a smart grid, pricing and rate design, and funding availability. The panel will offer their insights for environmental law counsel to overcome smart grid challenges.

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Outline

  1. Overview
    1. Regulatory framework
    2. Role of DOE
    3. FERC’s policy statement
  2. Standard setting
    1. Data security/security of smart grid devices
    2. Common standards, interface with grids
    3. NIST process
  3. Pricing and rate design
    1. Scope and duration of rate policy
    2. Incentive rate treatments
    3. Interplay of FERC rate policy with DOE funding grants
  4. Cost recovery and regulatory incentives
    1. Regulatory challenges
    2. Cost allocations issues
    3. Trackers, surcharges and other options

Benefits

The panel will review these and other key questions:

  • What are the regulatory structures for smart grid technology?
  • How are costs recovered?
  • What factors should utilities take into account in the procurement and contracting process for smart grid technologies?
  • How will data privacy and cyber security issues be addressed?

Faculty

Ray L. Gifford
Ray L. Gifford

Partner
Kamlet Reichert

His expertise lies in public utilities law, principally telecommunications and energy. He served as Chairman of the...  |  Read More

Roy M. Palk, Esq.
Roy M. Palk, Esq.
President / Consultant
New Horizons Consulting, Lexington, Ky. / LeClair Ryan

He advises various energy and energy-related clients regarding production technologies, project development, strategic...  |  Read More

Elias G. Farrah
Elias G. Farrah

Partner
Dewey & LeBoeuf

He represents electric utilities and natural gas companies and handles regulatory and transactional issues, and he...  |  Read More

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