Costly PPA Provisions Summarized

OMA energy counsel, Carpenter, Lipps & Leland, has summarized the provisions of the power purchase agreement (PPA) cases of both AEP and FirstEnergy.

OMA general counsel, Bricker & Eckler, has drafted a summary of the renewable and advanced energy provisions of both cases here.  Bricker also put together a one-pager on what’s next on the matters, which you can read here.

The OMA Energy Group has filed a complaint with the Federal Energy Regulatory Commission (FERC), asking FERC to void the decisions as illegal, customer-punishing incursions into the operation of wholesale electricity markets.  The Energy Group is also evaluating legal options to stop implementation.