FERC proposes to establish a framework that allows pipelines to use surcharge or tracker cost-recovery mechanisms to accelerate system improvements associated with new safety and environmental compliance regulations.
On November 20, the Federal Energy Regulatory Commission (FERC) issued a proposed policy statement setting forth guidance that, if adopted, would permit natural gas pipelines to use cost trackers or surcharges to recover certain costs that pipelines incur in connection with facility and infrastructure upgrades undertaken in response to regulatory requirements. Comments will be due within 30 days of the date the notice is published in the Federal Register.
In recent months, spot prices for uranium have rebounded. It’s a welcome relief to uranium miners, who have dealt with plunging prices since 2007 (and again after the tsunami and subsequent nuclear disaster in Fukushima, Japan). The rise in prices hasn’t been enough to propel a renaissance in the uranium mining industry, but some companies… Keep reading →
How do you detect a colorless, odorless gas? It’s an important question especially when that invisible gas is as damaging as what comprises oil and gas pollution. We are talking about hazardous air pollutants (benzene), ozone precursors (volatile organic compounds), and greenhouse gases like methane– a gas that is more than 80 times more damaging than… Keep reading →
Power prices for electricity generated from wind and solar technology have dramatically decreased over the past 5 years to the point where wind and solar are cheaper than gas or coal in parts of the US. In some places it also appears renewable energy sources can beat fossil fuels on price without subsidies, although renewable… Keep reading →
Pelamis, long a leading player in the wave energy industry, has gone “into administration,” akin to Chapter 11 bankruptcy. The fall of the Scottish company, announced on Friday, was a blow to Scotland and a sign of the tremendous challenges wave developers face – but it might also signal a necessary winnowing of the incipient… Keep reading →
SunEdison, already a very big solar developer, will become even bigger when it purchases First Wind, one of the major wind energy developers in the country. The acquisition of First Wind transforms SunEdison and TerraForma Power, an indirect subsidiary, into diversified renewable energy and will make SunEdison the leading renewable power plant developer in the… Keep reading →
The PA Awards ceremony held last week at the New York Academy of Sciences brought together industry leaders and consultants to discuss and review emerging trends and challenges of the utility industry. The evening involved an Executive Forum, “How technology and regulatory change is driving a customer-centric transformation of the utility.” Panelists included Robert Schimmenti, Senior… Keep reading →
Supercritical CO2 power cycles are gaining increasing attention in the engineering world. sCO2 is an ideal working fluid for use in power generating turbines because it offers high efficiency in a compact footprint and can be matched to many different heat sources. sCO2 power turbines could potentially replace steam cycles in a wide variety of… Keep reading →
Italian firm Eni won rights to develop the Offshore Cape Three Points (OCTP) block in Ghana that is expected to start up in 2017. “This project promises to deliver up to 170 million cubic feet of gas per day for the next 20 years and put Ghana on its way to a future where one… Keep reading →
The Energy Department takes the security and reliability of our power grid very seriously. We work closely with our federal, state and industry partners around the clock to protect the nation’s energy infrastructure from all hazards, including cyber incidents. As this year’s National Cybersecurity Awareness Month and Energy Action Month draw to a close, I’d… Keep reading →