OIL
BOEM Lease Sale 246 to Offer all Available Acreage in Western GOM for Oil and Gas Activity The Gulf of Mexico (GOM) accounts for the majority of oil and gas production on the Outer Continental Shelf (OCS). On March 2, 2015, the Bureau of Ocean Energy Management (BOEM) announced that its proposed Gulf of Mexico…...
Distributed System Platform to Facilitate New Resource Integration The marketplace envisioned under the New York Public Service Commission’s (PSC) Reforming the Energy Vision (REV) proceeding targets efficient development of distributed energy resources (DERs). In its REV Track One regulatory framework issued on February 26, 2015, the New York PSC determined that utilities will perform the…...
Incumbent Utilities will act as Distributed System Platform Providers New York Public Service Commission (PSC) and Department of Public Service (DPS) staff has deemed incumbent utilities as the best entities to develop new distributed system platforms (DSPs) under the Reforming the Energy Vision (REV) proceeding. The proceeding aims to reorient New York’s electric industry and…...
Demand response participation in wholesale power markets has varied across Regional Transmission Organizations since the Federal Energy Regulatory Commission finalized Order 745 in 2011. The outcome of the Supreme Court’s pending review of the May 2014 Order 745 vacatur will have varying impacts across RTOs based on market structure and demand response enrollments in wholesale…...
The DOI has proposed additional regulations for exploratory drilling in the Alaska OCS to ensure that operators implement necessary measures – including integrated operations and spill-response plans – through all phases of offshore exploration. The oil and gas resource potential of the Alaska Outer Continental Shelf (OCS) has received considerable attention from industry. On February…...
Expansion of demand response across utility territories is expected to provide longer-term benefits by reducing energy costs, avoiding or deferring new infrastructure, and improving overall system reliability and resiliency. Demand response (DR) programs have primarily focused on addressing peak loads and meeting reliability needs during system stress conditions. On December 15, 2014, the New…...
ISO-NE insists that its Winter Reliability Programs are a cost-effective interim means for fuel assurance prior to implementation of its Pay-for-Performance market-based solution in 2018. The New England Independent System Operator (ISO-NE) currently relies on its Winter Reliability Program (WRP) to maintain electric system reliability and mitigate system operation challenges caused by natural gas constraints…....
State and Regional Regulators Voice CPP Concerns at FERC and NARUC Meetings This past week, states and industry stakeholders directly voiced questions, concerns, support and opposition for the Environmental Protection Agency’s (EPA) proposed emissions reductions from existing power plants. On February 19, 2015, the Federal Energy Regulatory Commission (FERC) held its first of four technical…...
Continued growth of U.S. unconventional oil and gas production has made oil and gas exports attractive for industry. On February 10, 2015, the Energy Information Administration (EIA) issued a report highlighting the significant decrease in light crude oil imports to the U.S. Gulf Coast area, with light-sweet crude imports virtually eliminated in 2014. Since 2010,…...
The REV and CEF are anticipated to yield overall positive environmental impacts, primarily by reducing fossil fuel-based energy generation and supporting demand management, rate structures, electric vehicles, energy storage, and smart grid technologies. On February 6, 2015, the New York State Department of Public Service (DPS) released its Final Generic Environmental Impact Statement providing…...
The House Energy and Power Subcommittee heard testimony from Secretary Moniz on the DOE FY 2016 budget request, which outlined $1+B in renewable energy program funding increases but a decrease to fossil energy research and development. On February 11, 2015, the House Energy and Power Subcommittee held a hearing on the Department of Energy’s (DOE)…...
California Senators Propose to Increase State’s Renewable Energy Targets in Support of Governor’s 50-50-50 Goal On February 10, 2015, California Democrat Senator Kevin de León publicly announced four bills as part of the California Climate Leadership bill package to support the state’s Renewable Portfolio Standard (RPS) and establish objectives beyond its 2020 emissions reduction targets…....