The D.C. Circuit’s Homer City decision doesn’t eliminate the uncertainty about environmental regulations that has vexed public utility commissions, the utilities they regulate, and the investment community for more than a decade. At a minimum, it extends that uncertainty farther into the future, and arguably adds new levels of uncertainty where issues had lar...

This document is a summary that presents the best practices identified in a comprehensive RAP report on energy efficiency obligations (EEOs). Governments in various jurisdictions around the world have endeavored to improve end-use energy efficiency, and in some cases also achieve other objectives, by designing and implementing EEO schemes. These schemes require e...

An energy efficiency obligation (EEO) is a regulatory mechanism that requires obligated parties to meet quantitative energy saving targets by delivering or procuring eligible energy savings produced by implementing approved end-use energy efficiency measures. Governments in various jurisdictions around the world have endeavored to improve end-use energy efficienc...