Phil Nowak Authors Law360 Article Proposing Transmission Investment Returns
Akin Gump energy regulatory partner G. Philip Nowak authored the article “How To Assure Returns For New Transmission Investment,” which was published by Law360.
Nowak begins with a discussion of a recent court decision by a Federal Energy Regulatory Commission administrative law judge, which raised questions about return on equity (ROE) for new transmission facilities. He later offers that if ROEs for such facilities were fixed on the basis of transmission developers’ market proposals or competitive bids, investors’ returns would remain stable.
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