Energy Exchange

FirstEnergy shamelessly begs DOE to prop up uneconomic coal and nukes

By Michael Panfil, Dick Munson

Yesterday, FirstEnergy submitted an outrageous request to the U.S. Department of Energy (DOE).

The Ohio-based utility giant wants DOE to bail out not only its uneconomic coal and nuclear plants, but all ailing plants across the PJM Interconnection region – which includes 13 states and Washington D.C. FirstEnergy’s request, if granted, would fundamentally undermine important energy policy and represent a major step backwards for the American electric grid.

Federal regulators and many, many experts agree there is no imminent threat to the electric grid’s resilience. Yet FirstEnergy is attempting to mislead the government and American public by arguing its outdated plants are needed to keep the lights on.

This is far from the first time the company has requested a bailout, but this latest effort is its most shameless yet. By arguing that the federal government got it wrong earlier this year – when it declined to provide profit guarantees for the company’s expensive coal and nuclear plants – FirstEnergy is attacking the agency that oversees the interstate electric grid, ignoring evidence, making an illegal recommendation, and asking the American public to foot the bill for a multibillion-dollar-a-year bailout. Read More »

Also posted in FirstEnergy / Comments are closed

As API changes leaders, it must change leadership

With Jack Gerard stepping down as head of the American oil and gas industry’s most powerful trade association, industry has an important opportunity to change with the times.

The oil and gas industry and its ecosystem are evolving rapidly before our eyes. Technology improvements allow ever more efficient production. Resource discovery in areas like the Permian Basin unlock opportunity and drilling activity that few ever thought possible. But the most profound change is happening above ground—the steadily growing calls for climate action by investors, governments, corporate energy users, and society at large.

The future of industry—its very prospect of surviving, let alone thriving, in a decarbonizing world—depends on its ability to meet society’s demands, not just for energy, but for leadership.

Read More »

Also posted in Natural Gas / Tagged | Comments are closed

Clean Energy Conference Roundup: July 2016

rp_conference-300x2001-300x200-1-300x200.jpgEach month, the Energy Exchange rounds up a list of top clean energy conferences around the country. Our list includes conferences at which experts from the EDF Clean Energy Program will be speaking, plus additional events that we think our readers may benefit from marking on their calendars.

Top clean energy conferences featuring EDF experts in July:

July 26-28: NY Rev Summit (New York, NY)
Speaker: Rory Christian, Director, New York Clean Energy

  • Building on New York’s Reforming the Energy Vision (REV) initiative, Infocast’s second REVolution summit will focus on how utilities are planning for the future, and how they will explore both the promise and the practical development of microgrids, renewable energy, and emerging opportunities for third party providers. The summit will also consider various state efforts to finance and encourage clean energy markets sufficiently to ensure a robust, sustainable power delivery system. Read More »
Also posted in Aliso Canyon, California, Conference Roundup, Illinois, New York, Pennsylvania / Comments are closed

Clean Energy Conference Roundup: March 2016

rp_conference-300x200.jpgEach month, the Energy Exchange rounds up a list of top clean energy conferences around the country. Our list includes conferences at which experts from the EDF Clean Energy Program will be speaking, plus additional events that we think our readers may benefit from marking on their calendars.

Top clean energy conferences featuring EDF experts in March:

March 9: Clean Power Plan or What Next? Symposium & Workshop (Houston, TX)

Speaker: John Hall, Texas State Director, Clean Energy

  • Join a group of high level executives for a discussion on the issues arising from the U.S. Environmental Protection Agency’s proposed Clean Power Plan and its regional impact.

March 16-17: California’s Distributed Energy Future 2016  (San Francisco, CA)

Speaker: Jamie Fine, Senior Economist, U.S. Climate and Energy

  • As distributed energy gains steam in California, state regulators, policymakers, utilities, and distributed energy resource providers are shaping the rules, regulations, and markets that will ensure the transition is speedy and smooth. Greentech Media is partnering with More Than Smart to host actionable conversations on the future of electricity in an innovative state.

March 16: 2016 Building Energy Summit® (Washington, DC)

Speaker: Ellen Bell, Manager, Midwest Clean Energy

  • Building owners, energy experts, and technology pioneers will come together at the Ronald Reagan Building in Washington, DC to address the business and social drivers for more energy efficient buildings. Ellen will participate in a discussion on how to analyze portfolio data for energy saving opportunities, how to prioritize initiatives based on payback, and how to align your efforts with a corporate environmental policy. Read More »
Also posted in California, Conference Roundup, New York, Pennsylvania, Texas / Read 2 Responses

Key Legislators Weigh the Economic Impact of Natural Gas

Courtesy RF, iStock 000014939237

Courtesy RF, iStock

This week, during a special hearing by the Joint Economic Committee of Congress, legislators gathered a cross-section of industry, policy, and environmental leaders to testify about the economic impacts of increased natural gas development. I was one of the witnesses, on behalf of Environmental Defense Fund, arguing that natural gas can only be a net winner for the economy if government acts fast to limit the impacts of new hydrocarbon development on air, water, and the global climate.

There is no question that unconventional gas development is lowering energy costs, creating new jobs, and supporting more domestic manufacturing. But it also poses real and substantial risks to public health and the environment – as well as a growing threat to the industry’s social license to operate. Continued expansion of U.S. gas development must be balanced with a strong commitment to protect against these impacts.

The congressional committee of both senators and representatives exhibited sharply differing perspectives on expanding natural gas regulation. The core question before all levels of government is whether the appropriate steps are being taken to implement and enforce the regulations necessary to minimize the risks. The answer: not yet.

Read More »

Also posted in Air Quality, Climate, Natural Gas / Read 1 Response

Changes to Electricity Systems Will Enhance U.S. Grid Reliability

Cheryl Roberto PhotoLast Thursday morning, with my heart quickly jumping, I entered the grandeur of the United States Senate hearing room for the Committee on Energy and Natural Resources’ Keeping the lights on — are we doing enough to ensure the reliability and security of the US electric grid? hearing as an invited witness. I was eager to share EDF’s vision of a cost-effective, clean energy system that enhances reliability − but I couldn’t help being a little awed by the moment. I had never testified on Capitol Hill before and the dignity of the setting and importance of the message I wanted to share weighed on me.

Here are the high points of my testimony (though you can read it in full here):

  • The nation’s electricity system stands at a transformative crossroads: The costs of distributed generation technologies like rooftop solar and battery storage are falling and energy productivity is rising. In our digital world, people have increased demands for power quality and reliability, but needs for power quantity are predicted to fall – mostly due to “gains in appliance efficiency and an increase in vehicle efficiency standards by 2025.” As a result, our system is transforming from a one-way, centralized power delivery network in which customers passively receive electricity to a two-way flow of both power and information in which customers both receive and produce electricity. The very model of centralized, utility-scale power generation is no longer sacrosanct. The electricity systems we built in the last century, and the regulations that govern them, are no longer adequate – neither to ensure reliability, or to accommodate the rapid changes in technology, consumer needs, environmental standards, and the changing marketplace. Read More »
Also posted in Clean Energy, Grid Modernization, Utility Business Models / Comments are closed