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Oil markets scrambled

POLITICO Get the Morning Energy newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by Chevron With help from Eric Wolff, Lauren Gardner, Annie Snider and Alex Guillen Editor’s Note: Morning Energy is a free version of POLITICO Pro Energy s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro.

Things Looking Up for Renewable Resources at Federal Energy Regulatory Commission | Bracewell LLP

To embed, copy and paste the code into your website or blog: At the Federal Energy Regulatory Commission (“FERC” or “Commission”), President Joseph Biden selected Richard Glick, one of two Democratic commissioners on the five person commission, as Chairman.  The Chair sets FERC’s agenda, so even without a tie-breaker vote or a majority of Democratic Commissioners (the situation until one of the Republican Commissioners departs), Chairman Glick will have significant influence over FERC policy for 2021.  As is most relevant for Sustainability Bulletin readers, FERC covered a lot of ground on renewables issues in 2020 and we expect more of the same for 2021.  Chairman Glick’s dissents in 2019 and 2020 provide a roadmap for what we may see from FERC on renewables issues in 2021 and beyond.  Below, we highlight a few material FERC renewables developments in 2020 and look ahead to possible developments in FERC’s approach when similar issues queue up before FERC in 2021

State Roundup: Maryland speeds up vaccination timeline, but for many health care workers, 2nd doses prove elusive

State Roundup: Maryland speeds up vaccination timeline, but for many health care workers, 2nd doses prove elusive State House in snow (Photo by Matt Proud) STATE SPEEDS UP VACCINE TIMELINE BUT 2 nd DOSES ELUSIVE: Maryland is speeding up its vaccination timeline, following the lead of other states and recommendations from federal officials as the surge of deaths and hospitalizations in the U.S. associated with COVID-19 continues. As of Monday, hospitalized people with certain medical conditions placing them at greater risk of a severe COVID-19 case are eligible for vaccination, McKenna Oxenden and Hallie Miller report in the Sun. Hospitals across the state are reporting difficulties in getting enough vaccines to provide second doses to health care workers in the highest priority categories, according to state officials. The news comes as federal officials in the Department of Health and Human Services and the White House COVID-19 Response Team advised states Monday to not withh

FERC needs to know that investor confidence matters

Share it The following is a contributed article by Steven Schleimer, senior vice president of government and regulatory affairs at Calpine Corporation. In his dissent to a Nov. 19, 2020, Federal Energy Regulatory Commission Order on Rehearing related to ISO New England s Competitive Auctions with Sponsored Policy Resources (CASPR) construct (Docket ER18-619-001), Chairman Richard Glick questions the need for a Minimum Offer Price Rule (MOPR) and whether the concept of investor confidence  should be a lodestar  that matters in FERC s decision-making. Regardless of how the debate on any particular market mechanism plays out, it is of course true that investors countenance investments based on the expectation that they can recover their capital (including an adequate return). The key market design question is whether investors or ratepayers should bear the risk that the investment choices were sound.

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