345 Park Avenue
New York,
New York
10154
901 New York Avenue NW Suite 300 East
Washington,
DC
20001
 212.407.4288
 646.417.6337
 202.618.5005
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Richard
M.
Lorenzo
Partner
and
Co-Chair, Antitrust Practice Group; Co-Chair, Energy Practice Group
Richard Lorenzo has over 30 years of experience in the energy industry, antitrust and complex litigation. Mr. Lorenzo has extensive experience in federal and state courts and at both the state and federal level, has been involved in every type of regulatory proceeding, from rate cases to rulemakings to prudence investigations involving over $10 billion in assets. He successfully defended Central Maine Power Company in a suit filed by FPL Energy Maine to void its $850 million contract to purchase CMP’s generation assets.
Mr. Lorenzo has also been actively involved in FERC's enforcement authority, including its antimarket manipulation and reliability rules. He was a key player in FERC's RTO, transmission pricing and other competitive market initiatives. Mr. Lorenzo has worked on projects involving all types of transmission and generation, including coal, gas, hydro, wind and nuclear. He was at the forefront of FERC's successful effort to unbundle the natural gas industry through Orders 436, 500 and 636.
Recently, he successfully tried three state rate cases for a multijurisdictional utility and was lead counsel in a major FERC matter involving the allocation of transmission enhancements. The latter required him to manage a dozen co-parties, while coordinating the FERC action with state matters.
Prior Work Experience
Prior to joining Loeb & Loeb LLP, Mr. Lorenzo was a partner in the Washington, DC and New York offices of Day Pitney LLP.
Representative Experience
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Successfully enjoining the FERC from implementing an installed capacity charge in New England. Central Maine Power Co. v FERC, 252 F.3d 34 (1st Cir. 2001)
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Litigated the appropriateness of roll-in ratemaking for the expansion of natural gas pipelines. New York State Electric & Gas Corporation, Petitioner v. FERC, 177 F.3d 1037 (1999)
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Represented both sellers and buyers in several sales of generation and transmission assets, including nuclear generation
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Negotiated numerous generator interconnection agreements and gas supply agreements
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Represented a utility reorganizing as a new affiliated limited-liability company
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Successfully defended Central Maine Power Company in a suit filed by FPL Energy Maine to void its $850 million contract to purchase CMP's generation assets
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Lead counsel to the utilities petitioning the U.S. Circuit Court of Appeals for the D.C. Circuit for the review of FERC's Open Access Rule, Order No. 888 Transmission Access Policy Study Group, et al. v. FERC, 225 F.3d 667 (D.C. Cir. 2000)
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Represented a utility in complex litigation before FERC, including issues related to grandfathered agreements, transmission upgrades and cost allocation
Publications/Speeches
- Speaker, Infocast Wind Power Finance & Investment Summit (February 8-10, 2012)
- Instructor, FERC Natural Gas 101, Chicago, Illinois (September 13, 2011)
- Instructor, FERC Electricity 101, Chicago, Illinois (September 14-15, 2011)
- Speaker, Social Media and Its Ability to Power or Short Circuit Your Enterprise (August 2, 2011)
- Instructor, FERC Compliance and Enforcement, Minneapolis, Minnesota (July 11-12, 2011)
- Instructor, Electric Transmission Rate Design, Dallas, Texas (June 7-8, 2011)
- Instructor, FERC Electricity 101, Dallas, Texas (June 6-7, 2011)
- Instructor, FERC Compliance and Enforcement, Houston, Texas (January 24-25, 2011)
Media Mentions
Affiliations
- Member, American Bar Association
- Member, New York State Bar Association
- Member, Energy Bar Association
- Member, Nuclear Energy Institute, Lawyer's Committee
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Columbia University, LL.M., 1981
Case Western Reserve University School of Law, 1975
State University of New York at Albany, B.S., 1972
U.S. Court of Appeals, District of Columbia Circuit
U.S. Court of Appeals, First Circuit
U.S. Court of Appeals, Second Circuit
U.S. District Court for the Northern District of New York
U.S. District Court for the Eastern District of New York
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