Caitlin Shields is a leading energy regulatory lawyer and strategist who advises utilities, large customers, and other stakeholders on complex, high-stakes matters across the country. She represents clients in state public utility commission proceedings, federal regulatory matters, and related litigation, and is frequently called upon to lead multi-jurisdictional engagements involving significant policy, commercial, and operational implications.
Caitlin’s practice focuses on ratemaking and rate design, large load and data center development, resource planning, wildfire mitigation, and the evolving intersection of energy, environmental policy, and economic development. She has nearly fifteen years’ experience advising utilities and data centers on large customer interconnection, infrastructure, and power procurement strategies, including the development and negotiation of commercial agreements, power supply arrangements, and innovative tariff structures. Her work often sits at the center of consequential regulatory and commercial decisions for both utilities and their largest customers.
She also serves as lead counsel on major regulatory proceedings, including utility mergers and acquisitions, rate cases, and contested policy dockets, where she brings a practical, business-oriented approach to advocacy and strategy. Caitlin is widely recognized for her work on wildfire mitigation policy in the Mountain West, including plan development, regulatory approvals, and litigation involving multibillion-dollar infrastructure and risk management programs.
Earlier in her career, Caitlin spent substantial time seconded to a Fortune 500 utility, where she worked on strategic energy policy and regulatory initiatives. That in-house experience informs her pragmatic approach and ability to align legal strategy with client business objectives.
Representative Engagements
- On Oct. 13, 2020, Caitlin Shields presented an argument on behalf of Black Hills Energy in the Colorado Supreme Court. The case involved a Colorado Public Utilities Commission complaint from San Isabel Electric Association contending that San Isabel had the exclusive right to provide “station power” to Black Hills’ wind generation facilities that happened to be located in San Isabel’s retail service territory.
Honors
- Co-Founder, Women’s Energy Network Colorado Chapter
- Recognized in Best Lawyers for Energy Law (2024 – 2025)
- Recognized in Best Lawyers: Ones to Watch for Communications Law and Energy Law (2021-2023)
Publications
- Co-Author: What if Bruce Lee had set a federal transmission policy? UtilityDive (February 25, 2025)
- Co-Author: 2015 Annual Survey of Environmental Law, Colorado Lawyer. The Annual Survey of Law is a compilation of updates of Colorado case law, statutory and regulatory developments that has been annually published by Continuing Legal Education Colorado since 1971.
- “Carbon Capture & Sequestration,” American Bar Association Section of Environment, Energy, and Resources Year in Review (June 2014)
- “Entering New Terrain: Developing a Framework to Protect the Nation’s Natural Gas Delivery System Against Cyber Attacks,” American Gas Association Legal Forum, Darren Hunter and Caitlin Shields (July 2013)
- “Wisconsin Oil and Gas Update,” Texas Wesleyan Law Review, Vol. 1, No. 2 (Spring 2013)
- “Review of Brownfields: A Comprehensive Guide to Redeveloping Contaminated Property,” The Colorado Lawyer, Vol. 40, No. 10 (October 2011)
- “International Environmental Law & Policy for the 21st Century,” (2nd Rev. Ed.), Ved Nanda and Rock Pring (October 2012)
Speeches and Presentations
- Spoke at the University of Colorado Law School, Environmental Law Society on the fundamentals of regulated monopoly, emerging issues in the utility space, and the convergence of innovative clean technologies and traditional utility regulation on March 30, 2016.

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