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The term energy efficiency applies broadly to a range of industries and products, and is closely linked to a range of federal and state regulations and policies on energy conservation. Energy efficiency is an integral part of most proposed policies to respond to global climate change. Demand response relates to federal policies regarding changes in electric usage by end-use customers from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower electricity use at times of high wholesale market prices. Clients turn to Covington for strategic and tactical advice on the range of options to save money, reduce regulatory risk or develop new products and markets based on energy efficiency, conservation, and demand response.
Representative Matters
- Advised Expansion Capital on its $4.5 million investment in Orion Energy Systems, Ltd., a developer and manufacturer of efficient lighting systems and controls.
- Advised KKR and Texas Pacific Group on energy efficiency issues in connection with the acquisition of TXU Corp.
- Represent Wal-Mart before Department of Energy (DOE) on energy efficiency matters.
- Represented California Power Research, Inc. in licensing negotiation with Lineage and Panasonic involving technology software regarding a voltage regulator in a SEPIC topology that achieves superior efficiencies.
- Advise clients on the energy efficiency grants, loan guarantees, and incentives in the American Recovery and Reinvestment Act of 2009.
- Advised a major computer company on energy efficiency matters in Europe and the US.
- Advised a major association on US energy efficiency policies.
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