Tel: 804.864.1100

Tel: 804.864.1100

MDV-SEIA

Takeaways from the Energy Bar Conference

Creighton Boggs and I were part of a skills session on drafting and negotiating Power Purchase Agreements at the Energy Bar Association 2019 Mid-year Energy Forum last Wednesday, October 16, at the Renaissance Downtown Hotel in Washington, DC. This two-day conference of lawyers and law professionals was a discussion of a wide range of issues from climate change to utility operations and legal topics.

On the second day, along with the other panelists, we joined in an interactive approach to training lawyers how to negotiate a distributed energy power purchase agreement (PPA). During the first part of the session we role-played as attorneys and clients to set the stage for a PPA negotiation, including a discussion of transactional terms and an overview of fundamental motivations behind the PPA instrument, such as the customer’s ability to avoid capital commitments and the developers ability to qualify for preferred tax treatment. The panel then walked through a term sheet with the audience using a Q&A approach to go through the key provisions of the PPA from the perspective of a developer and a customer, and, finally, focused on a few key PPA terms, comparing customer-friendly provisions to developer-friendly ones to provide participants with the background necessary to negotiate a distributed energy PPA.

This turned out to be a great session, with plenty of audience engagement and participation. We noted the increasing presence of junior attorneys in the panels over the two days, indicating that this part of the law is a good gateway for young practitioners looking to have a career path to a growing industry practice. If you are interested in more on the sessions, you can try looking for #EBA19EnergyForum in your favorite social channels.

As always, should you have any questions about energy regulation, energy resource development or other legal matters, you can call any of our energy lawyers to chat.

 

Covering PPAs for the Energy Bar

My partner Eric Hurlocker is helping lead a skills session on drafting and negotiating Power Purchase Agreements at the Energy Bar Association 2019 Mid-year Energy Forum this Wednesday, October 16, at the Renaissance Downtown Hotel in Washington, DC. Accompanying him on the panel is our law clerk (and pending associate) Creighton-Elizabeth Boggs. This panel is at 11:00 a.m. The full conference began today, the 15th, and goes through Wednesday evening.

Along with the other panelists, they will participate in an interactive approach to training lawyers how to negotiate a distributed energy power purchase agreement (PPA). During the first part of the session experienced practitioners will role-play as attorneys and clients to set the stage for a PPA negotiation, including a discussion of transactional terms and an overview of fundamental motivations behind the PPA instrument, such as the customer’s ability to avoid capital commitments and the developers ability to qualify for preferred tax treatment. The panel will then walk through a term sheet with the audience using a Q&A approach to go through the key provisions of the PPA from the perspective of a developer and a customer. Finally, the panel will focus on a few key PPA terms, comparing customer-friendly provisions to developer-friendly ones to provide participants with the background necessary to negotiate a distributed energy PPA.

If you’re at the meeting, please find us and say hello. If you can’t make it, follow along by looking for #EBA19EnergyForum in your favorite social channels.

As always, should you have any questions about energy regulation, energy resource development or other legal matters, you can call any of our energy lawyers to chat.

Solar Focus Is Just Ahead.

Solar Focus 2018, the annual conference of our Maryland-District of Columbia-Virginia chapter of the Solar Energy Industry Association (MDV-SEIA), begins October 30 at the Capital Hilton in Washington, DC. GreeneHurlocker continues to be a sponsor for this important and influential industry event, so look on your folders for our imprint. I will be on site to join in the usual spirited discussions about how to promote and grow the role of solar energy in our lives and our businesses.

Our energy practice will be represented on the “Virginia’s Rapid Solar Growth: How is the Commonwealth’s Energy Market Evolving?” panel. That’s at 10:00 a.m. on Wednesday, the 31st, and we hope you will join the audience to talk about Governor Northam’s initiatives and the actions of the 2018 General Assembly.

Look me up when you’re in DC, I’ll be out in the halls and would love to talk with you about the things on your mind and what your firm is looking forward to in the next year. If you want more information about MDV-SEIA or to talk about renewable energy development just give me a call, or talk to any of our solar energy lawyers.