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.
President Barack Obama on Thursday nominated Colette Honorable to the Federal Energy Regulatory Commission.
Honorable would fill the seat left vacant by the departure this month of John Norris, a Democrat, who resigned to take a post with the Agriculture Department.
Honorable, also a Democrat, has been frequently mentioned as a possible appointee. She chairs the Arkansas Public Service Commission and is president of the National Association of Regulatory Utility Commissioners.
A federal appeals court on Friday unanimously upheld the Federal Energy Regulatory Commission's 2011 reform of regional electricity transmission planning and cost allocation rules, which environmental groups hailed as a victory in their campaign to get more renewable generation onto the grid.
Utilities and trade groups, however, criticized the rejection of legal challenges to the commission's Order 1000 by the U.S. Court of Appeals for the District of Columbia Circuit. They opposed the order on grounds that consumers could be forced to pay for transmission lines they don't use, and that state and local control over the grid will be weakened.
Traders like DC Energy reap in profits from congestion contracts, designed to help power companies offset higher costs in periods of high demand on the grid, but targeted by investment companies primed to cash in on the opportunities, The New York Times reports.
The Electric Reliability Council of Texas is defending its plans for a $600 million transmission line to Houston in the face of opposition from several major utilities, E&E reports, noting the state’s Public Utility Commission will hold hearings on the matter later this year.
The White House on Friday made good on its deal with Senate Democrats to name Cheryl LaFleur to lead the Federal Energy Regulatory Commission for the next nine months.
In a brief announcement, FERC said the White House named LaFleur chairman for a term that will end April 15 of next year, when incoming commissioner Norman Bay will be named chairman. She took the post effective on Wednesday.
The Federal Energy Regulatory Commission rejected a proposal submitted by the North American Electric Reliability Corp. to boost grid security, saying its guidelines for utilities to protect their power stations need strengthening, The Wall Street Journal reports.
The Congressional Research Service and the nonprofit Battelle Memorial Institute urged the U.S. government to take swift action to improve physical security at the electric grid, arguing efforts by utilities may fall short of the most effective security system, The Wall Street Journal reports.
$12.6 billion is on offer in the latest round of Department of Energy nuclear loan guarantees, this time being made available for uranium enrichment facilities as well as new reactors and upgrades to existing ones, Platts reports.
A drop in RBOB gasoline futures on retirement of the October contract helped crude prices slide again Tuesday. West Texas Intermediate crude plunged $3.41 to $91.16 a barrel on the Nymex -- the biggest single day loss in 22 months and the lowest settlement in 16 months – while in London Brent crude fell $2.53 to $94.67, Bloomberg reports.
The U.S. exported more crude in July – 401,000 barrels a day, mostly to Canada – than it did in June, according to Energy Information Administration statistics, the most since 1957 and almost four times as much as in 2013, The Wall Street Journal reports.
Enbridge’s reversed 9B pipeline should start filling with crude Nov. 1, Platts reports, noting that it will open up a new western Canada light crude and oil sands crude supply option to Quebec refineries.
The Department of Energy will grant a presidential permit for a project to build a 1,000 megawatt power transmission line from Canada into New York City when it publishes its decision in the Federal Register Wednesday, E&E reports.
The U.S. will actively address climate change issues when it takes over the chairmanship of the Arctic Council in 2015, said special envoy Adm. Robert Papp at the Center for Strategic and International Studies, declaring that there is a “moral imperative” to protect the area, The Hill reports.
Alberta’s new Premier Jim Prentice –- tackling an improvement of the province’s image in the face of heavy criticism of its oil sands crude –- has won respect from all sides of the environmental debate in the past, Bloomberg reports.