Law360 looks at the conflict brought about by FERC’s edict that PG&E cannot drop any existing power purchase agreements without FERC's permission after the utility declared bankruptcy. AEE's Jeff Dennis weighs in. See excerpts below and the entire Law360 (for subscribers) story here:
The Federal Energy Regulatory Commission has touched off a "turf war" with bankruptcy courts by deciding Pacific Gas and Electric Co. can’t ditch any of its $42 billion worth of power purchase agreements without the regulator’s blessing, a fight with major implications for future clean energy development, experts say.