Document kmwj70JbLNKjy0jymgQV0YygE

Message From: Sent: To: Subject: Troutman Sanders LLP [Communications@troutman.com] 1/24/2018 7:58:41 PM Wehrum, Bill [/o=ExchangeLabs/ou=Exchange Administrative Group (FYDIBOHF23SPDLT)/cn=Recipients/cn=33d96ae800cf43a3911d94a7130b6c41-Wehrum, Wil] Washington Energy Report January 24, 2018 Washington Energy Report FERC Approves Changes to CAlSO's Res Jequacy Program By R usse ll R o o is tra & Jasmine H ites on January 24. 208 POSTED IN MARKET POL On January 18, 2018, FERC approved California Independent System Operator Corporation's ("CAISO") changes to its resource adequacy program to, among other things, (1) allow capacity located in a local capacity area, but procured as system capacity, to provide system substitution capacity during forced outages and (2) cap a load-serving entity's ("LSE") monthly local capacity requirement at its monthly system capacity requirement. FERC Proposes to ApproRisk IWanacieiTieiit Reliabi ^proves Re Standards pply Chain lariclarcls lability By Meghan H andel & Christopher Zerttz on January 24, 2018 The Washington Energy Report is a weekly publication written by the Troutman Sanders Federal Energy Regulatory Commission ("FERC") practice that monitors and reports on significant developments in FERC and energy-related matters around the country. Quick Links W ashlnglonjjine^ Troutman Sanders Contacts 202. 274.2926 AmlejCoM 202. 274.2922 Email M Usance Crowley 202. 274.2814 Ernas Sierra Club v. EPA 18cv3472 NDCA Tiers 8&9 ED 002061 00183402-00001 POSTED IN RELIABILITY On January 18, 2018, FERC took steps to develop supply chain risk management Reliability Standards and to approve several new Emergency Preparedness and Operations ("EOP") Reliability Standards. First, FERC issued a Notice of Proposed Rulemaking ("NOPR") proposing to direct the North American Electric Reliability Corporation ("NERO") to develop supply chain risk management requirements under the Critical Infrastructure Protection ("CIP") Reliability Standards. 202. 274.2870 202. 274.2886 202. 662.2181 By J a rtio iicl P erry & Thomas PeVita on January 24,2018 " POSTED IN IV1RKE POLICY On January 12, 2018, FERC rejected PJM Interconnection, L.L.C.'s ("PJM") proposal to revise its allocation of the costs associated with day-ahead Operating Reserves and real-time balancing Operating Reserves. Specifically, PJM proposed to allocate uplift charges related to these reserves to Up-to-Congestion transactions ("UTCs"), a type of virtual transaction, in the same way that such uplift is allocated to other virtual transactions--namely, incremental offers of supply ("INC") and decrement demand bids ("DEC"). Read more 404. 885.3683 ilRYLlMLoi 202. 274.2966 Email Lol.SRdrnGre 503. 290.2310 Email I SUBSCRIBE FERC Rejects Alleglieriy's Proposal to Transf- war Plan itecl Affiliate By Adrienne Thompson & Ja sm in e H ite s on January 24, 2018 POSTED IN GENERATION On January 12, 2018, FERC denied authorization to transfer a 1,159 MW coal-fired generation facility ("Pleasants Facility") owned by Allegheny Energy Supply Sierra Club v. EPA 18cv3472 NDCA Tiers 8&9 ED 002061 00183402-00002 Company, LLC ("AE Supply") to its affiliate, Monongahela Power Company ("Mon Power"). After considering the applicable tests for affiliate transfers under the Federal Power Act ("FPA"), FERC determined that the parties' proposed transaction was not in the public interest because it presented potential concerns of captive ratepayers cross-subsidizing non-regulated entities and because certain solicitation criteria were not met. f m In B Troutman Sanders LLP. Advertising material. These materials are to Inform you of developments that may affect your business and are not to be considered legal advice, nor do they create a lawyer-client relationship, information on previous case results does not guarantee a similar future result. Sierra Club v. EPA 18cv3472 NDCA Tiers 8&9 ED 002061 00183402-00003