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.
It’s a first step toward handling increasing renewable energy generation: California’s Public Utilities Commission Thursday decided that electricity operators need to acquire flexible capacity, Platts reports.
In a notice filed in the Federal Register Friday, the Environmental Protection Agency said it won’t decide until February whether to block work on Alaska’s Pebble Mine, giving itself more time to review the extensive public comments it has received, The Hill reports.
Environment and Public Works Committee chair Sen. Barbara Boxer, D-Calif., has weighed in on the negotiations over new chemical safety legislation, raising GOP hackles by making public a draft being worked on by ranking Republican Sen. David Vitter of Louisiana along with her critique of it and her own proposal, E&E reports.
Rob Merrifield, the man who’ll be Alberta's next envoy in Washington, told The Globe and Mail in an interview that an oil train disaster similar to the destructive derailment in Lac-Megantic would finally force U.S. officials into approving the Keystone XL pipeline.
Shares in TransCanada, the company behind Keystone XL, have increased 70 percent in the six years the project has been stalled – that’s one of the points Bloomberg Businessweek notes as it looks back over the history of the proposed pipeline.
Ahead of the summit next week in New York, more than 1,400 organizations have been planning for a People’s Climate March Sunday that will be the largest protest on the issue in history, to include the famous and the powerful like U.N. Secretary General Ban Ki-moon, Rolling Stone reports.
Preliminary reports blamed the radiation leak at the Waste Isolation Pilot Plant in New Mexico on a single ruptured barrel that came from Los Alamos National Laboratory, but Joe Franco, who manages the Department of Energy’s field office in Carlsbad, told a public meeting that there may have been a problem with plutonium contamination from a second container, Reuters reports.
Rising inventories and a dollar gaining on the expectations of an interest rate hike pressured oil prices Friday. West Texas Intermediate crude for October delivery fell 66 cents to $92.41 on the Nymex but ended the week slightly higher, while in London November Brent settled up 69 cents to $98.39, an increase of 1.3 percent on the week, Bloomberg reports.
German giant Siemens AG is likely to edge out rival bidder Sulzer of Switzerland to take over Texas oil equipment-maker Dresser-Rand, as it’s preparing a cash offer topping $6 billion, people familiar with the situation told The Wall Street Journal.
Ethanol assessments were at their lowest point in more than four years Thursday after an Energy Information Administration report indicating supplies hit an 18-month high of 18.8 million barrels the week ending Sept. 12, Platts reports.
The Scottish “no” vote on independence – which was welcomed by Royal Dutch Shell's CEO – lifts the burden of uncertainty from oil companies, leaving them clear to focus on how to get more out of declining North Sea oilfields, Platts reports.