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Chairman Richard Glick said the Federal Energy Regulatory Commission won’t be satisfied with issuing mere “guidance” to Texas power generators, as it did after the 2011 freeze.
The U.S. could double its capacity for new wind and solar power, save billions of dollars and cut millions of tons of carbon-dioxide emissions from its generation fleets if federal incentives can be aligned to deploy a suite of technologies to unlock the full capacity of transmission grids. So says a new report from The Brattle Group, modeling the benefits of a set of "grid-enhancing technologies" across the wind-power-rich grids of Kansas and Oklahoma. According to its analysis, spending about $90 million to implement these technologies could yield a payback in less than a year, with ...
Texas Natural Gas Prices Attract Federal Investigation After 10,000% Spike 02/23/21 AT 6:08 PM After Texan natural gas companies used massive price hikes to make money during the recent deadly winter storms, federal regulators are taking a closer look at the state’s energy market. The 10,000% increase has attracted the attention of the Federal Energy Regulatory Commission, the Commodity Futures Trading Commission and Congress, CNN reports. As Texas spent days under snow, wind and freezing temperatures, natural gas companies found themselves in a market defined by scarcity. Infrastructure fa...
Though the Atlantic Coast Pipeline project was abandoned last year, property owners who sold their land, or had it taken via eminent domain, find themselves with few options.
FERC examining 'wrongdoing' in power markets during cold snap FacebookTwitterEmail A map of Texas showing the state s transmission lines is a focal point in the control room of the Electric Reliability Council of Texas, which operates most of the state's power grid. (Ryan Holeywell/Houston Chronicle)Ryan Holeywell / Houston Chronicle WASHINGTON - The Federal Energy Regulatory Commission announced Monday it would be examining power market activity over the last week for incidents of market manipulation as cold weather ravaged power grids in Texas and other states. In Texas, the state's grid op...