More utilities are joining Germany’s balancing market, where the government pays them to add or cut power to the grid within seconds to balance out surges and drops caused by increasing reliance on wind and solar energy, Bloomberg reports.
In September, Israeli firm Nation-E intends to launch an international cybersecurity center aimed at energy companies, which will provide ways for firms to test microgrids, smart meters and other grid-connected devices, founder and CEO Daniel Jammer told The Jerusalem Post.
As many electric utilities look to boost defenses against cyberattacks, Energy Department data from the past four years show that they account for less than two percent of total disturbances, as weather and physical attacks are the largest culprits, an E&E analysis reports.
The Obama administration should continue implementing policies that will help bolster grid security, but Congress will also need to pass legislation to ensure the continued integrity of the power system, according to recommendations by think tank researchers.
The independent Center for the Study of the Presidency and Congress released its report on Securing the U.S. Electrical Grid on Tuesday.
The Hill examines the growing threat to the nation's energy infrastructure from cyber threats and the efforts by government agencies, energy companies and private security firms to protect power lines, refining facilities and pipelines.
SAN DIEGO (AP) — Federal regulators say they've reached a $3.25 million settlement with an Arizona utility over a 2011 blackout that left millions of people without power in California, Arizona and Mexico.
The settlement approved Monday between the Federal Energy Regulatory Commission and Arizona Public Service Co. is expected to be the first of several stemming from the blackout that involved a half-dozen utilities and grid operators.
The settlement requires APS to pay $2 million to the federal government and $1.25 million for improvements to the electrical grid.
The Department of Energy has announced measures to cut methane emissions from the country’s natural gas industry including setting efficiency standards for natural gas compressors and offering incentives for infrastructure modernization, StateImpact Pennsylvania reports.
The latest round of sanctions the U.S. and Europe have announced against Russia over its actions in Ukraine, by withholding drilling technology, are aimed at Moscow’s ability to tap its Arctic and shale reserves, The New York Times reports.
With anticipation -– ahead of the release of government data Wednesday –- that stockpiles may have shrunk by more than a million barrels, benchmark West Texas Intermediate crude for September delivery was up 47 cents to $101.44 a barrel in electronic trading on the New York Mercantile Exchange, while in London Brent crude dropped 37 cents to $107.35, Bloomberg reports.
Singer Jimmy Rose, invited by Sen. Mitch McConnell, R-Ky., to testify at an Environmental Protection Agency hearing on its rule to limit carbon emissions from existing power plants, hopes to use his music to make his pro-coal message, National Journal reports.
Green groups -- including the Sierra Club and the Environmental Defense Fund -- rallied outside Environmental Protection Agency headquarters Tuesday to boost support for the EPA’s rule to limit carbon emissions from power plants as hearings about the regulations got underway, E&E reports.
Enterprise Products Partners will have to pay $535.8 million to Energy Transfer partners after backing out of a deal to build a pipeline together, a Dallas judge has determined, although legal experts believe the judgment will be appealed, FuelFix reports.
Second quarter profits for Anadarko Petroleum Corp. – which settled litigation over its Kerr-McGee acquisition for $15.5 billion earlier this year – were reported at $227 million, a 76 percent drop from the period a year earlier and below analysts’ expectations, although $4.44 billion in revenue beat predictions, according to The Wall Street Journal.
An important part of legislation needed to open up Mexico’s energy sector to private investment won approval in the lower house Tuesday, but the measure will need to return to the Senate there for further approval, FuelFix reports.
Federal agencies would have to make public the data they use to determine whether species are endangered, and would have to report to Congress on money and time spent on lawsuits related to the Endangered Species Act, under a bill to amend it that was approved by the House on a 233-190 vote Tuesday, The Hill reports.
Offers outnumbered bids in the first round of the Massachusetts auction of solar renewable energy certificates this year, so the results were scrapped, the terms will be changed and a second round of bidding will be held, Platts reports.