Mr Joseph Williams

Joseph Williams

Updates

Energy & Natural Resources

Buy/sell prohibition exemption for asset management agreements clarified
USA | 30 November 2015

The Federal Energy Regulatory Commission (FERC) recently clarified that the exemption from the buy/sell prohibition for natural gas asset management agreements set forth in Order 712 also applies to supply-side asset management agreements. FERC's clarification is important for holders of interstate capacity and asset managers and should provide more flexibility for parties to structure their asset management agreements and associated commodity transactions.

Clean Power Plan to bring changes to US power sector
USA | 31 August 2015

The US Environmental Protection Agency recently issued its final Clean Power Plan, which establishes historic new standards and emission guidelines intended to reduce carbon pollution from power plants. The plan will affect power market participants across the generation base and will present significant compliance challenges, as well as market opportunities, should it ultimately survive expected legal challenges and come into force.