Trump Signs Executive Order to Protect Nation's Infrastructure from Electromagnetic Pulses

Trump Signs Executive Order to Protect Nation’s Infrastructure from Electromagnetic Pulses

President Trump issued an executive order on March 26 directing federal agencies to assess and plan against the risks of an electromagnetic pulse, or EMP, implementing the core recommendations of the decommissioned Congressional EMP Commission on an accelerated basis. An electromagnetic pulse is a high-intensity surge of energy that can disrupt or destroy sensitive electronics and electrical infrastructure…

U.S. Shale Oil Production Set to Almost Double by 2030

U.S. Shale Oil Production Set to Almost Double by 2030: EIA

U.S. shale oil production, which became the more common form of oil extraction in 2015, will continue to grow through 2030, ultimately reaching more than 10 million barrels per day compared to 2018’s 6.5 million. Shale oil, also known as tight oil, accounted for 61 percent of total U.S. production in 2018, according to the Energy Information Administration’s Annual Energy Outlook…

PJM Files Price Formation Reforms for Proper Valuation of Energy Reserves

PJM Files Price Formation Reforms for Proper Valuation of Energy Reserves

PJM Interconnection LLC on March 29 filed a proposal with the Federal Energy Regulatory Commission to revise its energy and reserve market rules to properly value the energy reserves that support grid reliability by providing the flexibility needed to accommodate the evolving resource mix. The grid operator said that the growing variability of power demand…...