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Fossil Fuels

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President Obama Recommends ANWR for Wilderness Designation

January 29, 2015

President Obama’s recommendation seeking wilderness designation to 12.3 million acres of ANWR could block drilling opportunities in the 1.5-acre Coastal Plain estimated to contain up to 10.4 billion barrels of petroleum. On January 25, 2015, the Department of the Interior (DOI) released a revised Comprehensive Conservation Plan (CCP) for Alaska’s Arctic National Wildlife Refuge (ANWR)…....

DOE Announces $55M Funding Opportunity for Advanced Vehicle Technologies

January 28, 2015

The DOE’s continued support of advanced vehicle technology research, development, and demonstration projects helps expand offerings, cut costs, and improve sales. On January 22, 2015, the Department of Energy (DOE) announced more than $55M to develop and deploy advanced vehicle technologies aimed to improve fuel efficiency and reduce petroleum consumption. The funding opportunity announcement (FOA) supports DOE’s 2012 EV…...

FERC Approves PJM’s Request for Offer Cap Relief

January 27, 2015

FERC has approved PJM’s request for temporary relief from the $1,000/MWh cost-based offer cap to address winter price spikes that could cause generators’ marginal costs to exceed the offer cap. On January 16, 2015, the Federal Energy Regulatory Commission (FERC) approved PJM Interconnection LLC’s (PJM) Section 206 filing to raise the $1,000/MWh energy offer cap…...

RTOs Look to Tariff Revisions as FERC Petitions Supreme Court to Review Order 745

January 26, 2015

Wholesale Demand Response Hinges on Order 745 Decision Demand response (DR) participation and compensation in organized electricity markets has grown over the previous five years, in part due to the Federal Energy Regulatory Commission’s (FERC) Order 745. Order 745 sets compensation levels for DR in wholesale energy markets; however, its future validity is uncertain with…...

The 2015 Political Landscape Will Have Far-Reaching Energy Industry Implications

January 26, 2015

EPA emissions rules and legislative actions will impact every aspect of the energy value chain in 2015 Key Takeaways: Policies impacting energy independence and associated environmental impacts are coming head-to-head at the federal level Legislators will aim to settle long-debated oil and gas infrastructure and export bills and will use legistive authorities to delay, defund,…...

Enforcement Concerns Raised at EPA’s Coal Ash Rule House Committee Hearing

January 23, 2015

The House Energy and Commerce Committee’s hearing on EPA’s coal ash rule centered on compliance mechanisms to incorporate federal requirements into state programs. The House Energy and Commerce Committee held a hearing on January 22, 2015 to consider the Environmental Protection Agency’s (EPA) final rule to regulate disposal of coal combustion residuals (CCR) from electric utilities….…...

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SOTU 2015: Resolute Call for Climate Action

January 22, 2015

In his State of the Union Address, the President made a forceful call for climate action, asserting that the U.S. will double its emissions reduction pace. In his State of the Union (SOTU) speech on January 20, 2015, President Obama made a resolute call for climate action, stating that no challenge poses a greater threat…...

Justice Department Seeks Supreme Court Review of FERC Order 745 Vacatur

January 21, 2015

The Justice Department has sought Supreme Court review of the May 2014 invalidated FERC Order 745 vacatur, considering its importance for the future of electricity-market regulation. On January 15, 2015, the U.S. Department of Justice (DOJ) — on behalf of the Federal Energy Regulatory Commission (FERC) — petitioned the Supreme Court for a writ of certiorari to…...

EPA Methane Rule Would Set Costly Bar for Oil and Gas Industry, Despite Current Reduction Efforts

January 20, 2015

EPA Regulations Could Add Costs to Constrained Industry On January 14, 2015, the Environmental Protection Agency (EPA) outlined measures to reduce methane emissions and volatile organic compounds (VOCs) in the oil and natural gas (O&G) industry, with a new goal to reduce methane emissions by 40-45 percent by 2025 from 2012 levels, despite methane reductions…...

EPA Proposes Revisions to Oil Spill Contingency Plan

January 16, 2015

The EPA has proposed revisions to dispersant and bioremediation efficacy and toxicity testing protocols based on lessons learned from the 2010 Deepwater Horizon oil spill. On January 13, 2015, the Environmental Protection Agency (EPA) proposed amendments to Subpart J of the National Oil and Hazardous Substances Pollution Contingency Plan (NCP) requirements regarding use of dispersants…...

ISO-NE Details 2014/2015 WRP Resource Participation

January 15, 2015

ISO-NE’s current Winter Reliability Program boasts increased fuel and resource availability through a restructured and expanded compensation structure. On January 12, 2015, ISO New England (ISO-NE) released a report on the resource participation of its 2014/2015 Winter Reliability Program (WRP), a temporary out-of-market solution to maintain electric system reliability. ISO-NE expressed confidence that a diverse…...

ARPA-E Issues OPEN 2015 Solicitation for Transformational Energy Projects

January 14, 2015

The DOE has announced $125M OPEN solicitation through ARPA-E to catalyze the advancement of transformational energy technologies. On January 7, 2015, the Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) issued its third OPEN funding opportunity announcement (FOA) – OPEN 2015 – for up to $125M to support potentially disruptive new technologies…...

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