A White House and DOE report calls for investments to increase the nation’s electric grid resilience and outlines strategies for grid modernization. On August 12, 2013, the White House Council of Economic Advisors and the Department of Energy (DOE) released a report emphasizing the importance of grid resilience for climate adaptation. The report, titled “Economic…...
Two hydropower bills were unanimously passed by the Senate to facilitate streamlined regulatory processes for hydroelectric projects. On August 1, 2013, the Senate unanimously approved two bills aimed at streamlining the regulatory processes for selected hydropower projects. Both the Hydropower Regulatory Efficiency Act (H.R. 267) and the Bureau of Reclamation Small Conduit Hydropower Development and Rural Jobs…...
JPMorgan Chase & Co. has accepted a $410 million penalty to settle accusations of electricity market manipulations in California and the Midwest. On July 30, 2013, the Federal Energy Regulatory Commission (FERC) issued an order approving stipulation and consent agreement that requires JPMorgan Ventures Energy Corporation (JPMVEC) to settle allegations of electricity market manipulation in…...
FERC has directed Barclays Bank and four of its former traders to pay a civil penalty of $453 million to the U.S. Treasury for electricity market manipulation in the western U.S. On July 16, 2013, the Federal Energy Regulatory Commission (FERC) imposed civil penalties of $435 million on London-based Barclays Bank PLC and $18 million to four…...
DOE released a report examining the impacts of climate change on the nation’s energy and electricity infrastructure, including an assessment of ongoing efforts and potential opportunities to improve the energy sector’s climate resilience. On July 11, 2013, the Department of Energy (DOE) released a report examining current and future impacts of climate change on…...
DOE’s revised energy efficiency standards for new federal buildings updates existing 2007 ASHRAE Standard 90.1 to the 2010 version to achieve 18.2% more energy savings. On July 9, 2013, the Department of Energy (DOE) released revised energy efficiency standards for new federal buildings. The rule, published in the Federal Register, will take effect September 9,…...
President Obama’s second-term climate agenda includes sweeping measures to cut carbon emissions from power plants, boost renewable energy production, increase fuel economy standards, and advance international initiatives to combat climate change. On June 25, 2013, President Barack Obama outlined a comprehensive Climate Action Plan prioritizing measures to limit greenhouse gas (GHG) emissions to set a…...
WGA’s “10-Year Energy Vision” calls for collaborative interstate initiatives to achieve energy security by increasing energy production, improving energy efficiency, and expanding energy distribution infrastructure, among other energy goals. On June 28, 2013, the Western Governors’ Association (WGA) released the “10-Year Energy Vision,” a regional plan articulating the energy goals of 19 member states, American…...
In an increasingly technology-dependent society with growing energy needs as we seek a higher quality of life, disturbances in electricity supply and quality can have severe implications daily. They can cause significant losses of information, efficiency and productivity as interruptions crash computers and the critical services reliant upon them, such as life support systems, or…...
A newly proposed Senate bill would establish the State Energy Race to the Top program aimed at doubling the nation’s energy productivity by 2030. On June 20, 2013, Sens. Mark R. Warner (D-VA) and Joe Manchin (D-WV) introduced a bill to establish a state grant program of federal incentives to boost energy productivity. The bill…...
A new report identifies NYC’s potential for combined heat and power deployment and suggests potential solutions to overcome regulatory and technical barriers. On May 30, 2013, the Columbia Center for Climate Change Law and Modi Research Group released a report examining the potential for combined heat and power (CHP) development in New York City. Based…...
Energy tax reform proposals released by the House Ways and Means Committee outline potential modifications to federal tax code for fossil fuel production, renewable energy tax credits, and energy efficiency provisions. On May 6, 2013, the House Ways and Means Committee released the Joint Committee on Taxation report detailing tax reform suggestions to 11 Tax…...
