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HomeMy WebLinkAboutF-4. Federal Legilsative Update by Morgan Meguire LLC • F-4 at.JSA INFORMATION ITEM TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD FROM: GEORGE F. MORROW,DIRECTOR OF UTILITIES DATE: OCTOBER 27, 2014 SUBJECT: FEDERAL LEGISLATIVE UPDATE BY MORGAN MEGUIRE LLC Attached is Morgan Meguire LLC's federal legislative update sent to Southern California Public Power Authority(SCPPA)members.The October report addresses the following topics: 1. Congressional Overview — Adjourned September 19; will return November 12 for a lame duck session — Passed $1.102 trillion Continuing Resolution(CR) to keep government funded until December 11 2. Dodd-Frank — Commodity Futures Trading Commission finalized rule on utility-operations related swaps 3. Federal Energy Regulatory Commission — FERC clarifies role for public power utilities in Order No. 1000 Transmission Planning — Large Public Power Council(LPPC)petitions court to Order 1000's ruling — DC Circuit rejects FERC demand response challenge — FERC finalizes rules on small hydro bill 4. Energy and Environment — Environmental Protection Agency(EPA)Clean Power Plan — Mixed views of the Clean Power Plan rule — "Waters of the U.S."definition 5. Nuclear — Senate confirmed Jeff Burns and Jeff Baran as Commissioners of the Nuclear Regulatory Commission(NRC) 6. Grid Security — Grid was resilient during polar vortex per North American Electric Reliability Corporation(NERC) UB-123 Morgan Meguire Federal Legislative Update October 27,2014 Page 2 7. Finance — Reforming energy taxes 8. Other Information — Evaluation of wind energy development potential and resource conflicts review on public lands on 11 western states by the Bureau of Land Management(BLM) — Department of Energy(DOE)Quadrennial Energy Review — DOE proposal for new standards for commercial rooftop air conditioners Prepared by: Liza Cawte, Senior Administrative Technician Attachment: Morgan Meguire LLC Report UB-124 Morgan Meguire LLC Memorandum TO: Bill Carnahan,Executive Director FROM: Lori Pickford,Executive Vice President DATE: October 7,2014 RE: October Legislative Report I. Congress Congress adjourned on Sept. 19,after passing a$1.012 trillion Continuing Resolution(CR)to keep the government funded through Dec. 11,before hitting the campaign trail in the run-up to the November mid-term elections. Members are expected to return on Nov. 12 for a lame duck session. Meanwhile,President Obama's nominee to join the Federal Energy Regulatory Commission (FERC),Arkansas Public Service Commission Chair Colette Honorable,is on hold because of the sudden death of her husband. Senate Energy and Natural Resources Committee Chair Mary Landrieu(D-LA)told reporters Sept. 10 that the death was unexpected,and that her hearing and vote could occur in the post-election work period. II. Dodd-Frank On Sept. 17,the Commodity Futures Trading Commission(CFTC)finalized a rule that would provide parity to municipal utilities in the swaps market by removing the"sub-threshold"for operations-related hedges. This is a positive outcome in a long fought effort by public power, including SCPPA member utilities. The rule effectively grants a petition,from APPA and others,to allow utility operations-related swaps to be counted as normal trades,instead of counting toward a"special entity"threshold of $25 million,after which counterparties would have to register as a heavily-regulated swap dealer. The rule also relaxes a provision that would have required counterparties to notify the National Futures Association that they were relying on the rule to avoid swap dealer registration. Instead, the CFTC is"asking staff to find alternate ways to monitor use of the rule including through existing swaps reporting requirements,"according to early reports. 1 33 UB-125 The meeting marks the CFTC's first public votes since Chairman Tim Massad and Commissioners Christopher Giancarlo and Sharon Bowen were empanelled III. Federal Energy Regulatory Commission FERC Clarifies Role for Public Power Utilities in Order No. 1000 Transmission Planning The Federal Energy Regulatory Commission(FERC) Sept 18 action clarified Order 1000's regional transmission planning and cost allocation requirements as they apply to public power utilities in the ColumbiaGrid and WestConnect planning groups. They said non jurisdictional, public power transmission providers in those planning organizations are not required to enroll in a regional planning process;however,if they choose to enroll they are subject to the regional cost allocation method. The Commission also said that public power transmission providers can be planned for under an Order 1000 regional transmission planning process without enrolling in the region,if the enrolled,FERC jurisdictional transmission providers in the region elect to do so. In that instance,if a public power transmission provider is allocated costs under the regional cost allocation method,its governing authority can determine whether it will accept such costs or not. Given the role of the Bonneville Power Administration and other public power systems in the Northwest,it is not clear what this order could mean for public power transmission providers in other regions. LPPC Petitions Court on Order 1000 Transmission Ruling On Sept. 29,the Large Public Power Council(LPPC)petitioned the U.S. Court of Appeals for the DC Circuit to reconsider its recent decision to uphold FERC Order 1000, which mandates changes in the way regions and utilities plan and pay for new transmission projects. LPPC was one of the 45 petitioners that initially challenged the Commission's Order 1000 in South Carolina Public Service Authority vs. Federal Energy Regulatory Commission. The new petition requests an en banc rehearing by the full Court,focused on the portions of the decision that address the allocation of costs for new transmission facilities. LPPC argues that Order 1000 will require its members' customers to pay for the costs of new transmission projects from which they receive no service. This will likely raise power prices for millions of Americans,LPPC said in an accompanying press release. LPPC argues that FERC does not have the authority under the Federal Power Act to"mandate a broad assessment of charges by a transmission provider—in essence a tax—to entities that are not in a contractual or customer relationship with,or taking transmission service from,that provider." This"expansion of FERC's authority under FPA Section 206,contradicts foundational Supreme Court precedent holding that a utility's right to collect costs in connection with the provision of 2 34 UB-126 transmission service in interstate commerce is established by contracts and voluntary commercial arrangements, not by FERC under the FPA," LPPC stated. DC Circuit Rejects FERC Demand Response Challenge On Sept 17,the D.C.Circuit Court of Appeals denied FERC's request for rehearing of the case that struck down its Demand Response rule, Order 745. The rule,a policy advanced by former FERC Chairman Jon Wellinghoff,was designed to compensate, at the wholesale level,retail electric consumers for"demand response"during certain periods. The issue hinged on the fact that retail sales of electricity are an activity exclusively within the authority of states,not FERC. "FERC had maintained that it was only regulating `practices' affecting wholesale energy markets,something within its authority," said Harvey Reiter,a partner at the Stinson Leonard Street law firm. FERC requested an en bane rehearing of the 2-1 ruling by the full court,which was denied. Following the decision,FERC Chair Cheryl LaFleur would not rule out a FERC appeal to the Supreme Court,according to trade press. "We are really,now, looking at next steps along two dimensions,"she said."One is what we do next in the litigation.The second is what we do next in the markets and the regions to respond to the order." FERC Commissioner Tony Clark issued a statement in support of the Court's May decision to vacate the rule,and said he saw the D.C.Circuit rejection as"an opportunity for us to move forward and to reassess the regime that we have with regard to demand response." Clark urged more collaboration with the states on demand response,and said"losing jurisdiction over demand response does not mean that we have to ignore demand response." FERC Commissioner Phil Moeller said,"It's not the end of the world.Personally, I was sad to see[the rehearing request] denied because I did not want our commission to lose jurisdiction,"he said. Instead,Moeller said he was convinced that the states will embrace demand response programs,which can improve electric reliability and lower costs during peak power usage. FERC Finalizes Rules on Small Hydro Bill On Sept. 18 FERC issued a final rule to implement a small hydropower bill advanced by Rep. Cathy McMorris-Rodgers(R-WA)and Sen. Lisa Murkowski(R-AK)and signed into law in 2013. The rule will become effective Feb. 23,2015. Specifically,FERC clarified its compliance procedures for preliminary permits,small conduit hydroelectric facilities, and small hydroelectric power projects, and also new qualifying conduit hydropower facilities. The new procedures include: 1. Preliminary Permits: Extending preliminary permits for two additional years,giving permittees more time to complete studies and avoid possible competition from others. 3 35 UB-127 2. Conduit Exemptions: Increasing the small conduit exemptions on federal lands to 40 MW. 3. Oualifving Conduit Hydropower Facilities: Creating a subset of small conduit exemptions for projects under 5 MW,which will not be required to be licensed under Part I of the Federal Power Act. 4. Small Hydro Exemptions: Increasing the small hydro exemption from 5 to 10 MWs. The FERC modifications do not make changes to Section 6 of underlying law,which directs the agency to look into the feasibility of a two-year licensing process for projects on non-powered dams and for closed-loop pumped storage projects. FERC is implementing the two-year licensing provision within existing regulations. IV. Energy and Environment EPA's Clean Power Plan—111(d) The Environmental Protection Agency(EPA)announced Sept. 16 that it will push back the deadline for comments on the Clean Power Plan,its proposed rule limiting greenhouse gas emissions from existing power plants,by 45 days,to Dec. 1. The extension will not impact the agency's deadline for finalizing the rule by June,2015. Fifty-three Senators(including 10 Democrats)had written Administrator Gina McCarthy asking for 1 60-day extension. APPA,NRECA and others had supported the Senate letter, and had asked for an extended comment period in their initial filings with the agency, before the rule was proposed. The original proposal had granted those requests and offered a 120-day comment period that would have ended Oct. 16. Mixed Views of the Rule On Sept. 16,the Government Accountability Office(GAO)released a r requested by of Senate Energy Committee Ranking Member Lisa Murkowski(R-AK),on EPA regulations impacting coal-fired generation and the reliability of the grid. The report concluded that coal retirements will exceed the levels previously anticipated. The agency now projects 13 percent of coal-fired generating capacity will be shuttered between 2012 and 2025.GAO credited a bulk of the retirements to EPA's Mercury and Air Toxics Standards(MATS)—compliance will start as early as next year.The report called for additional assessments and interagency coordination between FERC, DOE and EPA to consider the effects of EPA's proposals. "GAO's findings should renew and reinforce our concerns about the impacts that new federal rules could have on electric reliability,"said Murkowski,the top Republican on the Senate Energy and Natural Resources Committee. Murkowski,who on Sept. 18 released a white paper on the potential impacts of rising costs of electricity on Americans,may be developing legislation on this issue, according to trade press. Separately,eighteen state utility commissioners sent a letter to EPA expressing concerns about electric reliability under the rule. On the pro-EPA rule side, 13 states and two cities have filed to 4 36 UB-128 intervene in a lawsuit challenging a 2010 settlement agreement in which EPA promised to promulgate the rules, including all New England states but New Hampshire. Lastly,the Midcontinent Independent System Operator(MISO)released a new presentation showing that states would recognize cost savings by banding together and adopting a mass-based approach to comply with the rule.MISO said compliance costs across the 15 states in its jurisdiction could be reduced by approximately$3 billion annually by taking a regional approach. Both the Southwest Power Pool(SPP) and Western Electric Coordinating Council (WECC)have released reports(here and here,respectively)analyzing the impact of the EPA rule on reliability in their regions. "Waters of the U.S. "Definition On Sept. 16, attorneys general(AGs)from seven states and Washington, D.C. expressed support for the controversial EPA/Army Corps of Engineers"Waters of the U.S." (WOTUS)rulemaking. The proposed rule would expand the jurisdiction of federal agencies under the Clean Water Act, and is opposed by the agricultural and utility industries and a coalition of others. The rule has attracted significant attention in Congress and debate has become highly partisan. In comments filed on the regulatory proposal,the AGs said the proposal is grounded in solid science, sets a strong floor for protecting interconnected waters,and provides legal clarity. "The degradation of waters in upstream states can increase flooding,add pollution,damage hunting and fishing habitat,and foul the drinking water supplies of their downstream neighbors," New York AG Eric Schneiderman(D)said in a statement. "We applaud EPA and the Corps for recognizing that the interconnectedness of our waters requires their comprehensive coverage under the Clean Water Act." The other states represented on the letter include Connecticut, Delaware,Illinois,Maryland,Rhode Island,Washington State,and Washington,D.C. On Sept. 9 the House voted 262-152 to pass the"Waters of the United States Regulatory Overreach Protection Act" (H.R. 5078 . The bill would prevent the WORTS rule from being finalized and block similar proposals in the future. As expected,the White House issued a veto threat the same day.There is no plan for the Democratic Senate to take up the bill and it is doubtful that"riders"to block the rule will survive the FY 15 appropriations process—so a legislative remedy is unlikely this year. If Republicans gain the majority in the Senate next year,some version of this legislation could well make it to the President's desk. V. Nuclear On Sept. 16,the Senate confirmed Democrats Stephen Burns and Jeff Baran as Commissioners of the Nuclear Regulatory Commission(NRC). Burns,who will hold a full five-year term,was confirmed by a vote of 54-37,while Baran,who will serve the remaining year of outgoing Commissioner Bill Magwood's term,faced more criticism over his lack of experience,but was ultimately confirmed by a vote of 52-39. 5 37 UB-129 The pair's swift confirmation is credited to Senate Majority Leader Harry Reid(D-NV),who has strongly opposed locating the permanent waste repository at Yucca Mountain in his home state. Speculation is that Reid wanted to ensure that there would be two more votes on the Commission opposed to the site."As long as I'm around,there's no Yucca Mountain," read Reid's Twitter account shortly after the confirmation. Senate Republicans and officials close to the NRC have voiced concerns about the need to maintain the Commission's independence from Congress,given the top Senate Democrat's apparent influence. Reid is undaunted by these concerns,as he has been about similar concerns with nominations to FERC. VI. Grid Security NERC: Grid was Resilient during Polar Vortex According to a Sept. 30 report by the North American Electric Reliability Corporation (NERC), the bulk power system showed its resiliency during the January 2014 polar vortex weather event. NERC's Polar Vortex Review shows that bulk power system reliability was maintained despite sustained record-low temperatures occurring over a large area in North America. Many areas experienced day-time high and overnight-low temperatures that were 20 to 30 degrees below normal,with 49 cities setting new record lows,NERC said in a release. Generation and transmission operators in North America responded well to prevent major impacts to the bulk power system," said James Merlo, NERC director of Reliability and Risk Management. "We examine these types of events to ensure lessons learned and information sharing occurs to prevent reoccurrences where possible and,most importantly, sustain successful operation and maintenance practices." Although grid operators maintained reliability, the report shows that nuclear plants were only responsible for 3% of the polar vortex outages, coal plants accounted for 26%, and natural gas represented over 55% of the total outages. While the report does not break down how much gas generation was taken offline because of equipment or supply failures, it says "One of the largest issues that impacted gas-fired generation was the curtailment or interruption of fuel supply." In addition,the extreme cold weather had a major impact on generation equipment. Of the approximately 19,500 MW of capacity lost due to cold weather,over 17,700 MW was due to frozen equipment. These challenges affected almost every dimension of the generation, from instrumentation,to fuel quality,to air-fuel mix, etc. Moreover,newer generation units' cold weather preparations were tested for potentially the first time for these temperature extremes,and many older units experienced extremes beyond what they were designed to operate.The report includes a long list of examples of challenges faced by utilities during this extreme period.Not all of these instances 6 38 UB-130 resulted in a forced outage;many just delayed the unit's ability to come on-line or resulted in the unit's derating. The report includes several recommendations,but does not suggest new reliability standards. VII. Finance On Sept. 17,the Senate Finance Committee held its first hearing on reforming energy taxes since Sen.Ron Wyden(D-OR)became Chair of the panel. In his opening statement,Wyden said "Our committee needs to be part of a conversation about how best to determine costs and benefits." He continued,"It is past time to replace today's [system)with a modem,technology-neutral approach"to encourage competition and fairness in the marketplace. If the Senate stays under Democrats' control,Wyden will push for this type of energy tax policy modification when he takes up tax reform in the next Congress. Wyden contrasted the permanent tax provisions benefiting the conventional energy sector with the short-term extensions provided for renewables. Ranking Member Orin Hatch(R-UT)said the country needs an"all of the above"approach to energy incentives,and criticized the Obama Administration for demonizing coal and delaying approval of the Keystone XL pipeline. Both leaders agreed a tax"extenders"package,which would renew several expired energy tax provisions(including the Production Tax Credit for wind and other renewables),was urgently needed. The Committee's extenders package was pulled from consideration earlier this year after it became clear that Republican Senators would force political votes on hot button issues,like EPA's greenhouse gas rule,if the measure came to the floor. The House of Representatives took a different approach and passed five permanent extensions of popular business tax credits, costing a collective$520 billion over 10 years. An extenders package may be considered in the lame duck session, if House Ways and Means Chairman Dave Camp(D-MI)and Senate Finance Chair Ron Wyden(D-OR)can reach agreement on the length of the extension and whether they will offset such a package by eliminating other tax credits-so as not to increase the deficit. VIII. Other Information Comments Requested on BLM's West-wide Wind Mapping Project The Bureau of Land Management(BLM)is evaluating wind energy development potential and resource conflicts on public lands across 11 Western states,excluding Alaska. The West-wide Wind Mapping Project is a collaborative effort between the BLM and the Department of Energy's(DOE)Argonne National Laboratory and National Renewable Energy Laboratory to generate maps and geospatial data reflecting wind energy resources on the public lands and identify existing land use exclusions and other potential sensitive resources that may 7 39 UB-131 affect wind energy development opportunities. A stakeholder outreach meeting was held in Denver on Sept. 16 to provide an opportunity for input on this effort. Preliminary draft handouts and maps resulting from the meeting have been posted on the BLM's Wind Energy Program website. The information is available for public comment.As the effort progresses,there will be additional opportunities for stakeholder engagement,according to BLM. DOE Quadrennial Energy Review On Sept. 8,DOE held its 12th public meeting in connection with the Quadrennial Energy Review(QER),to hear from stakeholders regarding transmission and distribution challenges at the New Jersey Institute of Technology. At the event,DOE Secretary Ernest Moniz reiterated that the QER effort"cannot be done at the federal level because every region is very different and a large number of polices are developed at the state and regional levels." DOE function should be to"collaborate and remove barriers,"Moniz said."We do not want to go into a closet and come up with a report ...we want input,guidance and expertise,"he said. Three panels of stakeholders spoke to transmission challenges,the impact of emerging technologies on the transmission grid,challenges and opportunities associated with increased penetration of distributed generation(DG), and ensuring a reliable transmission network. On Oct 6,DOE held its second to last QER meeting on financing of transmission,distribution, and storage in New York City. Dan Sullivan, President&CEO of the Grand River Dam Authority(GRDA)testified on the importance of maintaining the current-law exclusion for municipal bonds. According to a APPA summary,"the public forum focused on how to make investments in transmission,distribution,and storage `bankable.' Mr. Sullivan explained that municipal bonds are the primary tool public power utilities use to finance their capital investments. As a result,he said,imposing a tax or surtax on"municipal bond interest would increase the cost of financing such investments." "Otherwise,the focus on `financing'was almost entirely on private-sector finance-by equity partners in,or private lenders for for-profit ventures, or by shareholders and bondholders of investor-owned utilities. As a result, Mr. Sullivan's comments were really the only ones providing the public power perspective,"APPA noted. A final wrap-up meeting of the QER Task Force will be in Washington,D.C. possibly in November,at which a draft report may be presented. Final recommendations are expected in Jan.2015. DOE Proposes New Standards for Commercial Rooftop Air Conditioners On Sept.30,DOE published in the Federal Register a proposed rulemaking for energy efficiency standards for commercial rooftop air conditioners. 8 40 UB-132 DOE's proposed rulemaking for "small, large,and very large air-cooled commercial package air conditioning and heating equipment"would save about 29%or about 11.7 quadrillion BTU of energy over 30 years, the agency said. Under the proposed rule,consumers could save about$10 billion in energy costs and cut more than 60 million metric tons of carbon pollution by 2030,according to DOE. DOE has moved decisively to propose new efficiency standards for a number of appliances that use significant amounts of energy,as part of the President's climate change agenda. 9 41 UB-133