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related to energy project development, operational resiliency, and marketing & trading activities. But regulators often lack the technical expertise to appropriately assess risk management practices, or are motivated by other agendas – such as affordability – that lend to less-than-robust policy directives.
The challenge for utilities, pipeline operators and merchant power producers is avoiding being dealt compliance requirements that undermine good risk management practices without being abjectly confrontational with their regulators.
In rulemaking proceedings and litigation, we help utilities and energy providers:
to advance positions on critical issues such as risk quantification, risk tolerance, and the appropriate role of regulators in the risk management ecosystem.
and risk-related Expert Reports in utility regulatory proceedings and other litigation settings.