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Federal Energy Regulatory Commission

All articles tagged with #federal energy regulatory commission

finance1 year ago

Nuclear Stocks Dive as Regulators Block Amazon Power Deal

The S&P 500 fell 0.3% as nuclear stocks slumped after the Federal Energy Regulatory Commission blocked a power deal between Talen and Amazon, impacting Constellation Energy and Public Service Enterprise Group. Meanwhile, Mosaic shares rose 5.4% following Belarus's proposal to cut potash production, and Sherwin-Williams gained 4.6% on news of its inclusion in the Dow Jones Industrial Average. United Airlines shares dropped 4% amid rising crude oil prices.

politics1 year ago

"Biden Nominates Former Boston Mayor Marty Walsh for Key Government Positions"

President Biden announced key nominees for various leadership positions, including Marty Walsh for Governor of the United States Postal Service, and nominees for the Federal Energy Regulatory Commission and several ambassadorial positions. Marty Walsh, a former Secretary of Labor, is nominated for Governor of the USPS. Judy W. Chang, David Rosner, and Lindsay S. See are nominated for the Federal Energy Regulatory Commission. Additionally, nominees for ambassadorial positions include Dana L. Banks, Elizabeth K. Horst, Joshua M. Harris, Troy Fitrell, and Mary E. Daschbach.

energy-policy1 year ago

"Biden Appoints Fairhope High School Graduate as FERC Chair, Impacting Green Energy Plans"

Allison Clements, a key climate advocate on the Federal Energy Regulatory Commission, will not seek another term, potentially hindering President Biden's clean energy agenda. Her departure could leave the commission with three vacancies, impacting its ability to approve regulations for the power grid and interstate pipeline network. The White House and Senate face the urgent task of filling these vacancies, with implications for the future direction of energy policy and the clean energy transition.

energy-policy1 year ago

"Biden Appoints Willie L. Phillips, Jr. as Full-Time Chair of FERC"

President Biden has appointed Willie L. Phillips, Jr. as the Chair of the Federal Energy Regulatory Commission (FERC), an independent agency that regulates the interstate transmission of natural gas, oil, electricity, and other energy projects. Phillips, who has served as a FERC Commissioner since November 2021 and as Acting Chair since January 2023, brings over 20 years of legal expertise in utility regulation, bulk power system reliability, and corporate governance. His appointment comes as the Biden Administration aims to address the climate crisis and achieve a clean electricity grid by 2035, with FERC playing a crucial role in advancing these goals.

energy2 years ago

"Controversial Northwest Pipeline Expansion Greenlit Despite Senatorial Opposition"

The Federal Energy Regulatory Commission (FERC) has approved the expansion of TC Energy's Gas Transmission Northwest pipeline, despite objections from Washington state and Oregon officials. The expansion is expected to cause significant environmental damage and contribute to carbon emissions in the Pacific Northwest. Senators and governors from both states have voiced their opposition, citing safety hazards and previous failures of TC Energy-owned pipelines. Environmental organizations in the region have vowed to challenge the decision.

energy2 years ago

"Revolutionizing the US Grid: A Game-Changing Leap in Efficiency"

The US Federal Energy Regulatory Commission (FERC) has passed a new rule aimed at streamlining the grid interconnection process in the country. Currently, there is a backlog of over 2,000 gigawatts of new power generation and storage waiting to be connected to the grid. Projects have faced long wait times of up to five years, but the new rule is expected to shorten this wait and provide greater timing and cost certainty to interconnection customers. The rule includes measures such as first-ready-first-served cluster studies, firm deadlines, penalties for delays, and updates to modeling and performance requirements. The move is seen as a significant step towards improving the efficiency and reliability of the US transmission grid.