The California Public Utilities Commission approved a preferred system portfolio that calls for 12 gigawatts of new renewables and storage by 2030, including 1.7 gigawatts of geothermal, according to a May 1 decision. The agency said that geothermal is valuable for balancing the intermittency of wind and solar resources. The plan will require “concrete procurement…
The Federal Energy Regulatory Commission on May 1 denied Pacific Gas and Electric Company’s requests for rehearing of the agency’s order asserting concurrent jurisdiction with bankruptcy courts over wholesale contracts that the utility may seek to reject through its Chapter 11 filing. While FERC’s role in evaluating rates and terms of power contracts is to protect…
The Federal Energy Regulatory Commission found that the construction of Venture Global LNG Inc.’s Plaquemines LNG, a natural gas liquefaction and export terminal in Louisiana, and the associated pipeline projects would result in some adverse environmental impacts, which would be reduced to less-than-significant levels, according to a May 3 notice. The Plaquemines terminal consists of…
The U.S. has been a net exporter of natural gas for over a year, with exports reaching 4.6 billion cubic feet per day in February, the thirteenth consecutive month in which exports exceeded imports, according to a May 2 report from the U.S. Energy Information Administration. While liquefied natural gas shipments have grown in recent…