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Since generative AI burst into the mainstream, companies have raced to capitalize on its extraordinary promise. But as with any technological frontier, this promise does not come without risks, and companies can expect to encounter them with greater frequency as AI’s role in the economy continues to grow.
Energy Regulation Partner Jeffrey Jakubiak provides his thoughts on the growing need for electric infrastructure to support the growing need for the supply of power to the growing server farms serving AI and related resources.
V&E Energy Update
The story of artificial intelligence (“AI”) is one of technological promise and societal challenge, and its impact on the U.S. electric power grid is fast becoming a pivotal chapter.
On May 13, 2024, the Federal Energy Regulatory Commission (“FERC” or “Commission”) established “a new foundation” upon which new electric transmission facilities can be planned, paid for, and built.
V&E Energy Update
The United States electric grid is becoming increasingly stressed as the nation navigates the energy transition and demand for electricity rises.
V&E Energy Update
On March 19, 2024, the North American Electric Reliability Corporation (“NERC”) asked the Federal Energy Regulatory Commission (“FERC”) to approve revisions to NERC’s Rules of Procedure (“ROP”) that would require certain small (over 20 MVA) inverter-based resources (“IBRs”) – like solar and wind power generators – to register with NERC, and eventually be subject to existing and new reliability standards applicable to larger IBRs.
V&E Energy Update
On November 7, 2023, Texas voters approved a constitutional amendment creating the Texas Energy Fund (“TEF”).
V&E Energy Update
John Jannarone, Editor-in-Chief of PE Edge, interviews Jeffrey Jakubiak, partner at Vinson & Elkins, at the New York Stock Exchange.
Published by CorpGov.com
Over the past few years, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) and the Department of Energy (“DOE”) have proposed many rules to support the Biden Administration’s push to build transmission infrastructure to ensure reliability and support new sources of generation.
V&E Energy Update
We have recently seen an increase in audits by the Federal Energy Regulatory Commission’s (“FERC”) Office of Enforcement (“OE”) that take issue with the way electric utilities and interstate natural gas pipelines allocate overhead costs to construction projects.
V&E Energy Update
On Tuesday, November 7, 2023, Texas voters approved Proposition 7, a constitutional amendment creating the Texas Energy Fund (“TEF”).
V&E Energy Update
The Federal Energy Regulatory Commission’s (“FERC” or “Commission”) October 18, 2023 Open Meeting (the “October Open Meeting”) and October 27, 2023 issuance of rehearing of remand orders for the Texas LNG Brownsville LLC and joint Rio Grande, LLC and Rio Bravo Pipeline Company, LLC projects provide further evidence of the re-solidification of the Driftwood Compromise we discussed in our earlier update following the September 21, 2023 Open Meeting (the “September Open Meeting”).
V&E Energy Update