Insight for Industry – FERC’s Push to Incorporate Reliability Safety Mechanism in the Clean Power Plan Increases Certainty for State Compliance Efforts On May 15, 2015, the Federal Energy Regulatory Commission (FERC) provided the Environmental Protection Agency (EPA) with a letter signed by all five Commissioners that details its role in implementing a Reliability Safety… Keep reading →
Regulator / utility collaboration – the 3 states that do it best (and other tips for better relationships)By Smart Grid News
Quick Take: By now you are thoroughly sick of hearing me hammer at utilities to speak up about the future they want. Our industry has hit a tipping point. Bellwether states such as New York are already rethinking the regulatory compact. Unless utilities become part of those discussions, they’ll end up in a future designed by others.… Keep reading →
Today I spoke at the National Association of Regulatory Utility Commissioners (NARUC) on the Quadrennial Energy Review and the continued importance of the President’s all-of-the-above energy strategy in the fight against climate change. I’d like to amplify one set of remarks. Nuclear energy has played an important role in avoiding carbon pollution and providing affordable energy, providing… Keep reading →
Dear State Public Utility Commission Chairmen and Chairwomen, Risk management isn’t a new concept for any of the utility companies you regulate, nor I’m sure, is it new for you and your team. When large storms or fires cause power outages, you monitor how quickly electric utilities return service to customers. When proposals for new… Keep reading →
Hurricane Sandy presents state and federal officials nationwide with a superb opportunity to think through how to better utilize all their resources in an even worse disaster, says Assistant Secretary of Defense Paul Stockton.
And a worse disaster is coming – either from human enemies or from Mother Nature, he warned the National Association of Regulatory Utility Commissioners (NARUC), meeting recently held in Baltimore. Keep reading →
Despite more than a quarter of a trillion dollars in investment from 2001 to 2010 the US is still facing an enormous shortfall in electricity infrastructure. That decade was marked by higher spending on reliability in the years that followed the high-profile California blackouts and were interrupted by an equally notable New York City blackout. Keep reading →
The best way to get $6 natural gas is to have everyone plan on $3 gas.
That was a sentiment heard repeatedly last week, during the winter meeting of the National Association of Regulatory Utility Commissioners (NARUC) and the Department of Energy’s National Electricity Forum in Washington, DC earlier this month. Keep reading →
Electricity regulators from across the US insisted this week that the Environmental Protection Agency is underestimating the time they’ll need to meet EPA’s newest air rules, and they want EPA to lay out standards now that will guarantee five years’ compliance time and insulate them from civil liability.
EPA’s Mercury and Air Toxics Standard gives generators three years from its publication date to comply, but allows state regulators to grant a fourth year and EPA to issue an administrative order allowing a fifth year in limited circumstances. The rule was approved but hasn’t been legally published yet. Keep reading →
Will financial system regulatory reforms make energy price hedging costly – or impossible?
That was the question experts grappled with – and disagreed over – at the National Association of Regulatory Utility Commissioners (NARUC) meeting in Washington, DC this week. Keep reading →
As utilities generate more electricity from natural gas, the potential is emerging for freak weather or other events to cause problems for both delivery systems and create a cascading regional disaster, industry officials and regulators concluded in a “stress test scenario” played out in Washington, DC this past Sunday.
Planning to avoid such events, in which problems in the gas system aggravate problems in the electric system and vice-versa, is complicated by the two energy systems’ significantly different regulatory structures, officials said. Keep reading →