Third North Carolina Power Substation Targeted by Gunfire as BPS Physical Security Concerns Mount

Credit to Author: Sonal Patel| Date: Thu, 19 Jan 2023 15:22:53 +0000

A third power substation has been damaged by gunfire in North Carolina, prompting an FBI investigation. The incident on Jan. 17 is part of a spate of gunfire vandalism that has renewed physical security concerns at a federal level. The Randolph County Sheriff’s Office in Thomasville, central North Carolina, said the latest incident, believed to […]

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Bulk Power System Deficiencies During Winter Storm Elliot Prompt Inquiries

Credit to Author: Sonal Patel| Date: Thu, 29 Dec 2022 21:57:06 +0000

Assessments are underway to pin down factors that prompted emergencies, tight grid conditions, and even load-shedding by major entities as Winter Storm Elliot bore down on the North American bulk power system (BPS) this past week.    The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corp. (NERC), and regional entities affiliated with […]

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FERC: Investors with Utility Board Members are Affiliates

Credit to Author: Maxwell Multer| Date: Wed, 02 Nov 2022 21:19:05 +0000

Building on analysis in its February 2021 Public Citizen, Inc. v. Centerpoint Energy, Inc. opinion, the Federal Energy Regulatory Commission (FERC) recently issued decisions in Evergy Kansas, Inc. (Evergy) and Transalta Energy Marketing (U.S.), Inc. (Transalta) analyzing whether investments that were under 10% of outstanding voting shares, but were paired with appointment of directors that […]

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FERC Reveals Interconnection Reforms That Could Unleash Solar Energy Potential

Credit to Author: Guest Contributor| Date: Fri, 17 Jun 2022 19:47:51 +0000

WASHINGTON, D.C. — Today, the Federal Energy Regulatory Commission (FERC) issued a notice of proposed rulemaking (NOPR) detailing the proposed interconnection reforms the Commission would like to adopt in order to clear interconnection backlogs and speed clean energy deployment. The proposed rules closely follow joint recommendations that the Solar Energy Industries Association (SEIA) and its partners submitted […]

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Goldman Sachs Stake in Fortress Underscores Supply Chain Cybersecurity Priority

Credit to Author: Sonal Patel| Date: Wed, 20 Apr 2022 13:19:10 +0000

A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities within the investor community. Fortress, which announced the investment from Goldman Sachs Asset Management Private Equity on April 19, said it also highlights a wider […]

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SCOTUS Reinstates Trump-Era Environmental Certification Rule

Credit to Author: Sonal Patel| Date: Thu, 07 Apr 2022 14:57:02 +0000

The U.S. Supreme Court on April 6 reinstated a Trump-era environmental rule that limited state and tribal roles in enforcing a section of the Clean Water Act (CWA) related to project certification. The order is a temporary triumph for eight states and three energy trade associations, including the National Hydropower Association (NHA). The high court’s […]

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Market Transitions: The MOPR Merry-Go-Round

Credit to Author: Kennedy Maize| Date: Tue, 01 Mar 2022 05:11:00 +0000

The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids.

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Former FERC Commissioner Says ‘Market Design Problem’ Was a Leading Cause of February 2021 Texas Power Crisis

Credit to Author: Aaron Larson| Date: Thu, 03 Feb 2022 16:13:18 +0000

In February 2021, a severe cold weather event, known as Winter Storm Uri, caused numerous power outages, derates, or failures to start at electric generating plants scattered across Texas and the south-central U.S. The Electric Reliability Council of Texas (ERCOT), which manages the power supply for about 90% of the load in Texas, ordered a […]

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