Bud Earley

Bud Earley

Bud Earley, a non-lawyer senior advisor, provides analysis and advice on a wide range of federal and state energy regulatory issues, including transaction and rate issues, regional transmission organization (RTO) tariffs and rules, interconnection, retail choice and demand response for electricity customers, a natural gas pipelines and hydroelectric facility licenses, and LNG export authorizations.

Working with Covington teams, Mr. Earley has provided expert advice and analysis to investment firms, utilities, independent power producers, project developers, customers, marketers and U.S. and international energy companies,

Prior to joining Covington, Mr. Earley served for over 30 years in various staff positions at the Federal Energy Regulatory Commission (FERC). While at the FERC, Mr. Earley was instrumental in developing and applying policies regarding the transition of the electric utility industry to competition, including policies regarding independent power producers, transmission access, standard generator interconnection procedures, organized electricity markets, mergers and market-based rates.

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FERC Approves CAISO Rule Change Designed to Avoid “Over Generation” Problems

FERC recently approved the California ISO’s (CAISO) proposal to lower a bidding floor to more efficiently address a growing “over generation” problem due in part to increasing “variable energy” (i.e., typically renewable) resources.  A bit of background is needed to understand the problem and the solution. CAISO operates two bid-based energy spot markets to secure … Continue Reading

FERC Marks 1,000th Open Meeting

FERC’s December 19, 2013 open meeting was its 1,000th, and the agency marked it with retrospectives from some of its former chairs. FERC’s first meeting was held in 1977, when as a result of the Department of Energy Organization Act, FERC became the successor to the former Federal Power Commission.  In addition to the FPC’s … Continue Reading

FERC Revises Interconnection Rules for Small Generators

FERC recently revised its rules for interconnecting small generation facilities (no more than 20 MW) to the grid.  Among other things, the new rules provide increased flexibility in qualifying for a “fast track” interconnection process, especially for solar and energy storage resources. Under FERC’s small generator interconnection procedures, a generator makes an interconnection request and … Continue Reading
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