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.
WASHINGTON (AP) — Two universities in the nation's capital have agreed to a major energy deal to buy more than half their power from three new solar power farms that will be built in North Carolina, the schools announced Monday night.
George Washington University, American University and the George Washington University Hospital announced the 20-year agreement with Duke Energy Renewables to reduce their carbon footprints by directly tapping solar energy.
The Capital Partners Solar Project will break ground this summer near Elizabeth City, North Carolina. Once fully operational in 2015 with 243,000 solar panels, the three solar farms are expected to generate 123 million kilowatt hours of electricity per year. Planners said that translates to eliminating about 60,000 metric tons of carbon emissions per year or taking 12,500 cars off the road.
The White House on Wednesday confirmed that it has agreed to keep Cheryl LaFleur as the head of the Federal Energy Regulatory Commission for an additional nine months after the Senate confirms her to a second term, rather than install nominee Norman Bay to the post immediately upon his confirmation.
An administration official, speaking on condition of anonymity, said the White House signed off on a deal brokered by Sen. Mary Landrieu, D-La., to have LaFleur, the acting chair at FERC, remain in the post while Bay gets experience on the commission.
That deal paved the way for Bay, FERC's enforcement chief, to win endorsement earlier in the day from the Energy and Natural Resources Committee, on a vote that was nearly along party lines. Landrieu is chair of the panel.
Sen. Mary Landrieu on Tuesday moved closer toward a deal that would advance through her committee President Barack Obama's nominee to become the nation's top energy regulator, though final details were still being negotiated in advance of a vote planned for Wednesday.
Landrieu, D-La., Senate Energy and Natural Resources chair, said the full terms of the appointment of Norman Bay to lead the Federal Energy Regulatory Commission were not yet agreed on.
President Barack Obama's nominee to become the nation's top energy regulator, Norman Bay, will get a vote next week in committee, Sen. Mary Landrieu said Wednesday, as Democrats sounded increasingly confident they can overcome Republican concerns.
"We have not finalized anything, talks are still going on," said Landrieu, D-La., who chairs the Energy and Natural Resources Committee. "But there will absolutely be a markup next week."
Senate Majority Leader Harry Reid said Wednesday that he expects Norman Bay to be confirmed by the Senate and made chairman of the Federal Energy Regulatory Commission.
Talks are underway among senators to secure a commitment to keep the acting chair of FERC, Cheryl LaFleur, in that post for some time after she is confirmed to a new five-year term, in return for confirmation of Bay as a member of the commission.
The proposal would seek to address concerns by Republicans and a key Democrat on the Senate Energy and Natural Resources Committee about Bay's lack of experience as an energy markets regulator.
But Reid, D-Nev., who has publicly backed Bay to become chair over LaFleur, was unequivocal that he sees him taking the top job. "He's been nominated as chairman, so we're working through that, I think we'll be fine," Reid said. "Norman Bay will wind up being chair of FERC."
For the second time in a year, Senate Majority Leader Harry Reid, D-Nev., has turned what should be a noncontroversial appointment to the Federal Energy Regulatory Commission into yet another headache.
First, it was former Colorado electricity regulator Ron Binz last fall, bowing out of his nomination to chair FERC in the face of opposition by Republicans and Sen. Joe Manchin, D-W. Va. over his views on natural gas and coal.
Now Reid is faced with finding a way to confirm President Barack Obama's followup nominee for chairman, Norman Bay.
President Barack Obama's nominee to become the nation's top electricity regulator isn't buying assertions coming from critics of power plant carbon regulations, who contend reliability could be undermined by the 30 percent emissions cut proposed by the Environmental Protection Agency.
Norman Bay, nominated to head the Federal Energy Regulatory Commission, said in written answers to questions raised by members of the Senate Energy and Natural Resources Committee that planning by industry, regulators and grid operators "can help anticipate and address any potential implications for resource adequacy and reliability."
Sluggish demand, higher North American production, an increase in gasoline inventories and a stronger dollar are pushing oil prices down, so far more than 4 percent lower on the week. U.S. benchmark crude for September delivery dropped 64 cents to $97.53 in electronic trading on the Nymex, while Brent crude was 18 cents lower in London, to $105.84, Bloomberg reports.
The U.S. response to improving its nuclear power industry in the wake of the disaster at Fukushima Dai-ichi three years ago has so far cost around $3 billion, with the most important objective to guarantee that reactors and spent fuel would stay cool even in extreme conditions, an official told the Nuclear Regulatory Commission Thursday, Platts reports.
The Environmental Protection Agency’s water office will have no official leader, now that acting Assistant Administrator Nancy Stoner is departing and nominee Ken Kopocis, who has been awaiting confirmation for more than 1,100 days, is still facing hostility from Republican senators opposed to the EPA’s rule known as Waters of the United States, or WOTUS, E&E reports.
Exelon Corp. will buy Integrys Energy Services from its parent Integrys Energy Group for $60 million, adding the unit – which has 1.2 million customers in 22 states and Washington, D.C. – to its Baltimore-based business arm Constellation, the Green Bay Press-Gazette reports.
In the wake of propane shortages caused by last winter’s bitter cold, Midwestern lawmakers from both sides of the aisle – Sen. Al Franken, D-Minn., Sen. Tammy Baldwin, D-Wisc., and Sen. Rob Portman, R-Ohio – have joined forces to introduce a bill intending to better information on propane supply and pricing, improve coordination in response to shortages and help farmers get tanks for the fuel, The Hill reports.
Continuing on with its focus on increasing its returns, Occidental Petroleum reported a gain in net income that also beat analysts’ expectations, to $1.43 billion, or $1.82 a share in the second quarter, FuelFix reports.
Lower natural gas prices and higher operating costs hurt the bottom line for Southwestern Energy in the second quarter, as the oil and gas company said its second quarter profit dropped 16 percent, falling to $207 million, or 59 cents a share, despite increased production in the Fayetteville and Marcellus Shale plays, The Wall Street Journal reports.
The system at Goldman Sachs N.Y. headquarters, where ice is frozen in tanks at night and used the next day in its air conditioning, is an example of how thermal storage can save money and use energy more efficiently, Bloomberg reports.
The Kurdistan Regional Government is loading a fifth shipment of oil at the Turkish port of Ceyhan, having sent it there through an independent pipeline, despite Iraq appearing to have successfully blocked the unloading of another tanker's cargo of Kurdish crude in Galveston through moves in the Texas courts, The Wall Street Journal reports.