Despite a negative assessment from an administrative law judge, the Illinois Commerce Commission has approved Commonwealth Edison’s plan to build the Grand Prairie Gateway transmission line, which could bring 1,000 more megawatts of power to the north of the state and grid operator PJM Interconnection when it’s completed in 2017, Platts reports.
The Federal Energy Regulatory Commission said it has begun investigating the impact of last winter's polar vortex on the power grid, with hopes the findings will help utilities be better prepared to prevent outages, The Hill reports.
In the wake of the ruling by the U.S. Court of Appeals for the District of Columbia Circuit, which threw out the Federal Energy Regulatory Commission’s demand response policy, PJM Interconnection has issued a white paper that proposes a new structure to keep afloat the concept of providing incentives for customers to use less energy, E&E reports.
Dynegy Inc. is one of three power generators petitioning the Federal Energy Regulatory Commission to force the Midcontinent Independent System Operator to change the way it handles its capacity market, and if the move fails Dynegy may try to get its Edwards plant into the PJM Interconnection, E&E reports.
Seven Western states are starting up an energy imbalance market this week, which offers up electricity to buyers in five-minute increments, giving them a chance to smooth out the impact of more variable renewable energy into the grid, E&E reports.
TIRANA, Albania (AP) — The World Bank is lending Albania $150 million (€118 million) to help overhaul its dysfunctional state-run power sector and pay for electricity imports from other Balkan states.
The Energy Ministry said Tuesday the loan will also be used to boost the efficiency of bill collection from power consumers — some 400,000 of whom have been cut off over the past year for outstanding debts.
Center for Strategic and International Studies holds forum, "Electricity in Transition: Technology, Markets and Regulation." FERC Chairman Cheryl LaFleur, former FERC chairs Charles Curtis, Elizabeth Moler among speakers.
Green Mountain Power, the largest Vermont utility, has announced it’s teaming up with NRG Energy to implement new energy saving projects utilizing the latest technology, in particular creation of a modern microgrid, the Burlington Free Press reports.
The GOP chorus denouncing the Environmental Protection Agency move to lower the ozone standard was joined by House Majority Leader Rep. Kevin McCarthy, R-Calif., senior figures on the House Energy and Commerce Committee, as well as Sen. John Thune, R-S.D., who is chairman of the Republican Senate caucus, The Hill reports.
Ahead of the OPEC meeting in Vienna, oil prices recovered Wednesday from earlier drops triggered by word of a greater-than-expected increase in U.S. crude inventories as well as a comment from Saudi Arabia's oil minister that there would be no need for a production cut. West Texas Intermediate crude for January delivery slipped just 3 cents to $74.06 a barrel on the Nymex, while in London Brent was 5 cents lower to $78.28, Bloomberg reports.
Freeport LNG has closed on financing deals – from Japanese sources -- for two of three planned liquefaction trains at its export facility, and should begin construction on its plant in Quintana, Texas this week, with operation projected to start in 2018, FuelFix reports.
Uranium prices are on track for an 18 percent increase in 2014, which would be the first annual gain for the energy commodity in four years and make it the best performing category in the sector, Bloomberg reports.
Nearly all of the claims dealt with through the settlement process after the 2010 BP Gulf of Mexico spill were handled correctly, according to a third party audit released Tuesday by claims administrator Patrick Juneau, The Times-Picayune reports.
The legal fight over the Environmental Protection Agency’s Waters of the U.S. rule could revolve around what’s meant by the words “adjacent” and “neighboring,” as well as how the regulation defines a flood plain, E&E reports.
After a shareholder lawsuit filed to stop the $2.86 billion merger announced in June between C&J Energy Services and the fracking business of Nabors Industries, a judge in Delaware Tuesday ordered a 30-day suspension to allow for competing offers, but C&J said it would appeal, FuelFix reports.
Oncor’s proposal to install battery storage across the grid in Texas is coming in for criticism from a state lawmaker – Republican State Sen. Troy Fraser said his support for the $5.2 billion project came before he realized an increase in transmission rates would be part of the package, The Dallas Morning News reports.
Speaking about the failure of Google’s renewable energy project RE<C, two engineers, writing in IEE Spectrum recently, said trying to fight climate change using only existing technologies like wind and solar energy won’t work, Fox News reports.