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Due to increases in power sector demand for gas, coupled with growing demand from the industrial sector in the region, overall natural gas demand in the Southeastern US is expected to grow by nearly 8 Bcf/d over the next 15 years. All these factors combine to create significant risk of higher natural gas basis prices […]
On April 27, 2016 FERC ruled in favor of groups challenging FirstEnergy’s and AEP’s long term electricity supply agreements. The ruling rescinded the previously granted section 205 waivers, which had allowed the utilities to purchase electricity from their affiliate generators, effectively invalidating the PPAs. Additionally it questioned the non-bypassable RRS rider proposed to fund the […]
On April 19, 2016 the California legislature further amended the proposed expansion of regulations on underground storage of natural gas at the Aliso Canyon facility in Los Angeles County. Although the current draft of the legislation focuses specifically on testing of all wells at Aliso Canyon, it includes a requirement that a complete retirement be […]
On April 20, 2016 Kinder Morgan announced that it has decided to suspend work and spending on its plans to build the 1.27 million Dth/d Tennessee Gas Pipeline Northeast Energy Direct (NED) Pipeline Project. This could lead to increased risks of winter price spikes in New England. The NED project was proposed to transport more […]
In 2002 Cap Rock Energy (CRE), a previously self-regulated cooperative, converted to an investor owned utility (IOU) and as such became regulated by the Public Utilities Commission of Texas (PUCT). Upon review by the PUCT in 2002, CRE’s rates were found to be below the actual cost of service. As a result of Sharyland Utilities […]
New York has an ambitious future planned for its electricity industry called “Reforming the Energy Vision” (REV). This plan proposes to transform NY’s electricity industry by making energy efficiency and other distributed resources part of the grid. The biggest change under REV is that distribution utilities will shift from the role they play today into […]
Nevada regulators have been going back and forth on the state’s solar incentives. 2015 ended with the Public Utilities Commission of Nevada (PUCN) approving a new net metering policy for 2016. The order states that all solar customers (old and new) will be paid for their excess solar power generation at wholesale instead of retail […]
What is the Clean Power Plan? Since June 2014, the U.S. Environmental Protection Agency (EPA), under President Obama’s Climate Action Plan, has been proposing a plan, the Clean Power Plan, to reduce carbon pollution from existing and future power plants. The main purpose is to cut greenhouse gas pollution and protect the environment while at the […]
Over the past two winters, ISO-NE has implemented a program to ensure adequate energy supplies in the region even on the coldest days of the year. The so-called Winter Reliability Program (WRP) successfully kept the lights on and gas flowing during the Polar Vortex of 2014 and the coldest weather of winter 2015 as well. […]
Sale of New Hampshire Power Plants Electricity rates could be going up for ratepayers in New Hampshire if Eversource (formerly Public Service of New Hampshire) successfully lobbies the New Hampshire Legislature to sell its power plants. The potential rate increase stems from the fact that $400 million of new environmental controls at the Merimack station, […]
