Energy Litigation Strategy: It’s Not Just About Money

Law360, New York (March 1, 2010, 11:46 AM EST) -- Energy industry litigation, which often involves complex economic concepts, can pose special challenges for attorneys and their clients. First, just understanding the implications of those economic concepts can be tough.

For example, evaluating cost allocation approaches for “virtual” bidders in regional transmission organization day-ahead energy markets requires: (1) understanding the implications of different cost allocation concepts; (2) understanding how “virtual” bidders work and how they affect market-clearing prices; and (3) understanding how such bidders can affect real-time markets and costs.

Add those three factors to litigation...
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