Jeffrey Jakubiak

Partner

Energy Regulation

“I was drawn to energy regulatory law by the fact that economics is integral to so much of what we do as lawyers in this area. My first academic love was quantitative economics and I bring this background and experience to much of my law practice, which often involves energy markets, ratemaking, accounting, and finance.”

Jeffrey Jakubiak

Overview

Jeffrey counsels clients regarding a broad variety of electric, natural gas, and oil matters at the Federal Energy Regulatory Commission (FERC). His practice focuses on matters at the crossroads of law and economics, particularly cost-of-service ratemaking, energy transactions, electric company mergers and power sales, energy market manipulation, and the workings of energy markets. He has a deep understanding of the methodologies used by FERC to set returns on equity and to analyze generation market power, and has developed proprietary quantitative analytical tools that he uses to advise clients on electric asset transactions, market-based rate authorizations, and litigation risk.

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Experience

  • Represented international oil pipeline in litigation before the FERC over contracted service rates covering multi-year period

  • Represented electric utility in litigation before the FERC and U.S. Court of Appeals for the D.C. Circuit regarding regulated returns on equity

  • Represented electric utility in multiple proceedings before the FERC to obtain approval of new formula transmission rates, as well as related proceedings regarding annual changes to the charges under the formulas

  • Represented electric utilities in application to the U.S. Department of Energy for emergency order, pursuant to Section 202(c) of the Federal Power Act, directing RTO to enter into long-term power purchase agreements with nuclear and coal-fired power plants based on the fuel security and diversity they provide to energy markets

  • Prepared for electric utility holding companies preliminary merger market concentration analyses (a/k/a FERC “Appendix A” or HHI analyses) regarding possible purchase of electric utilities and/or electric generating facilities

  • Represented power marketer and developer of solar generation projects in obtaining FERC approvals under Section 203 of the Federal Power Act for restructuring involving investments by private equity investors

  • Represented affiliated multi-national energy companies and individuals in defending FERC allegations of natural gas market manipulation

  • Represented multiple electric utilities in FERC and NERC regulatory compliance audits

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Credentials

Education

  • Cornell Law School, J.D., 1997 (Cornell Journal of Law and Public Policy, Board Editor; Olin Foundation Law and Economics Scholar)
  • Stanford University, B.A. with honors in quantitative economics, 1993

Admissions

  • New York
  • District of Columbia

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Recognitions

  • Chambers Global, Energy: Electricity (Regulatory & Litigation) (USA), 2024–2026
  • The Best Lawyers in America© (BL Rankings, LLC), Energy Law (New York), 2023–2027
  • Chambers USA: America’s Leading Lawyers for Business in Energy: Electricity (Regulatory & Litigation), 2016–2023; Energy: Electricity (Regulatory & Litigation) (Nationwide), 2024–2026
  • Chambers Global Guide: Energy: Electricity (Regulatory & Litigation), 2020–2022
  • Selected to the 500 Leading Energy Lawyers, Lawdragon, 2023–2026
  • Legal 500 U.S., Energy Litigation: Oil & Gas, 2023; Energy Regulation: Oil & Gas, 2023; Energy Regulation: Electric Power, 2024 and 2025
Insights

Podcasts

Powering Progress Episode 12 – Rethinking the Grid for AI

This series has explored the extraordinary amount of power required to support the growth of AI and data centers, but …

September 15, 2026

September 15, 2026 • 10-minute read

Client Alerts

President Declares National Emergency to Secure U.S. Bulk-Power System: New Restrictions on Foreign-Made Grid Equipment

Executive Order 14420 (August 26, 2026) Overview On August 26, 2026, President Trump signed Executive Order 14420 (the “Order,” or …

September 1, 2026

September 1, 2026 • 6-minute read

Event Recaps

Data Center Disputes – What We’ve Seen and What is Around the Corner

This presentation surveyed the rapidly expanding landscape of data center disputes, highlighting the breadth of litigation already underway and the emerging risks on the horizon.

July 29, 2026

July 29, 2026 • 1-minute read

Client Alerts

FERC Institutes Six Simultaneous Section 206 Proceedings Targeting Large Load Interconnection Across All RTO/ISO Markets

On June 18, 2026, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) issued a landmark suite of six contemporaneous …

June 24, 2026

June 24, 2026 • 8-minute read

Client Alerts

FERC Issues Order Directing PJM to Create New Rules to Embrace Innovation and Protect Consumers

On December 18, 2025, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) issued an Order directing grid operator PJM Interconnection, L.L.C. (“PJM”) to establish transparent rules to facilitate service of data centers and other large loads co-located with generating facilities.

December 23, 2025 • V&E Energy Update

December 23, 2025 • 8-minute read

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News & Achievements