General Description:
This course provides an introduction to energy law and regulation in the United States. It covers basic principles of rate regulation and public utilities, the division of jurisdiction between federal and state governments, and the key federal statutes and regulatory regimes governing natural gas, electricity, and nuclear power. Much of the course will focus on the basic federal frameworks for natural gas and electricity regulation, with an emphasis on understanding the messy and uneven transition to wholesale competition in these sectors and, in the electricity context, the experience with state restructuring and retail competition. The course will also introduce students to the distinctive federal regime governing nuclear power. The last part of the course will address new challenges confronting electricity regulation (and energy law generally) as a result of emerging mandates for renewable energy and greenhouse gas emissions. This course does not cover traditional oil and gas law.
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