Energy Exchange

FERC’s rejection of DOE’s pro-coal and nuclear proposal shows evidence can still trump politics

By Michael Panfil / Published: January 8, 2018

Last week the Midwest and northeastern United States experienced an historic cold snap that tested our nation’s electric grid. Like last year’s solar eclipse, unprecedented wildfires in California, and extreme flooding after Hurricane Harvey, this year’s “bomb cyclone” has not created a reliability crisis. In fact, it appears based on the evidence thus far that our electricity system – built upon the markets and long-standing operator practices behind our grid – passed this test with flying colors.

That’s why today’s decision by the Federal Energy Regulatory Commission (FERC) to reject the Department of Energy’s (DOE) flawed coal and nuclear proposal is such an important win for American families, competitive markets, and the environment.

In mid-October, the DOE took the unprecedented step of asking FERC to provide guaranteed revenues and profits to uneconomic coal and nuclear plants. DOE did so with thinly veiled pretext, arguing without evidence that these plants support grid resiliency. FERC was quickly inundated with a chorus of resistance and disapproval from natural gas companies, environmental groups, consumer advocates, state attorney generals, and congressional members from both parties.  Read More »

Posted in Clean Energy, Electricity Pricing, Grid Modernization / Read 4 Responses

How electric trucks could disrupt highway transport and save businesses billions

By EDF Blogs / Published: January 5, 2018

By Jason Mathers, Supply Chain Director at EDF, Corporate Partnerships

Tesla’s much-anticipated electric semi-truck is garnering attention for its futuristic look and zero-emission promise – and it’s part of an innovation trend that is changing the future of trucking, with implications for entire supply chains.

United Parcel Service, Anheuser-Busch, Walmart, PepsiCo and J.B Hunt are among the companies rushing to secure orders of Tesla’s trucks, which are expected to be in production in 2019.

All-electric trucks can bring tangible benefits not just to truck owners, whose conventional vehicles can consume more than $60,000 worth of fuel a year, but also to their customers.

Fuel has long been a top cost for trucking, accounting for nearly 40 percent of the per-mile cost. Because fuel bills are passed on to companies that hire trucks to get their goods to market, electric trucks can thus promise businesses significantly lower and more stable operating costs.

For the business community as a whole, savings could be in the billions.  Read More »

Posted in Electric Vehicles / Read 1 Response

This Midwestern state is the surprising standout on cutting carbon pollution.

By Dick Munson / Published: January 4, 2018

One state surprisingly stands out for reducing carbon emissions from electricity.

Ohio saw an impressive 37.7 percent drop in its power sector’s carbon emissions from 2005 to 2015. Despite not having a stellar track record on clean energy, the Buckeye State, in fact, has become the nation’s carbon-reducing powerhouse: In absolute terms, Ohio slashed its carbon pollution by 50 million metric tons (MMT) during that decade – far more than any other state.

No doubt the steep drop in natural gas prices during this time period played a starring role in this change, forcing numerous dirty Ohio coal plants to close. Yet, despite recurrent challenges from subsidy-seeking utilities, Ohio’s deregulated electricity market and clean energy standards are also to thank. Imagine the carbon reductions that could be achieved if Ohio fully embraced clean energy technologies, and stopped trying to gut the state’s clean energy standards and bail out aging coal plants. Read More »

Posted in Clean Energy, FirstEnergy, Ohio / Read 1 Response

Six ways oil and gas development can contaminate land and water (and what to do about it)

By EDF Blogs / Published: December 29, 2017

By Adam Peltz and Nichole Saunders

As oil and gas production increases, so does the risk of toxic waste leaking to the environment. The massive amount of briny wastewater generated from oil and gas development can cause serious damage if it comes into contact with the public or our environment.

Consider what happened to the Johnsons, a 4th generation ranching family in New Mexico. More than 400,000 gallons of wastewater spilled on their ranch leaving a dead zone no longer viable to raise cattle or grow crops. Read More »

Posted in Natural Gas, produced water / Tagged | Comments are closed

In his efforts to delay the EPA methane rule, Pruitt rejects American ingenuity

By Isabel Mogstad / Published: December 27, 2017

We hope our leaders have the public’s best interest in mind. Unfortunately, instead of using sound science, EPA Administrator Scott Pruitt appears to be making decisions based on the influence of the worst actors in the oil and gas industry.

Although in his recent Congressional testimony he said the outcome of his proposal to suspend and possibly roll back EPA’s methane rule is yet to be determined, the way he justifies the delay of these standards shows he lacks confidence in American industry’s ability to rise to a challenge. Specifically, Pruitt wants to suspend EPA’s New Source Performance Standards for 2 years longer (beyond the one year phase-in already provided by the Rule).  He suggests that this extended suspension is justified in part because he says that the leak detection and repair industry isn’t capable of meeting the rule’s provisions requiring oil and gas companies to check for and repair methane leaks twice a year.

But Pruitt hasn’t provided any support for these claims and they are totally inconsistent with the engineers, servicemen, and tech developers already providing the services needed to find and fix these leaks.  His argument also flies in the face of how our economy has innovated for centuries. Read More »

Posted in Methane, Natural Gas / Comments are closed

Five things to watch as industry tackles methane in 2018

By Ben Ratner / Published: December 20, 2017

As we close out 2017, we are energized by successes in our work with oil and gas industry partners. And as we look forward to a new year and a fresh start, here are five things we’ll be looking for as industry leaders step up methane action in 2018.

  1. Target setting

This year, 10 leading companies through the Oil and Gas Climate Initiative supported the ambition of achieving “near zero” methane emissions, and committed to set quantitative methane targets in 2018. This was an important and welcome moment as CEOs upped their methane pledge. 2018 will be a key year for follow through in establishing and announcing those targets. We will look for targets that are ambitious, innovation-forcing, and linked to credible plans for verification. We will also look that this action addresses emissions from both oil and gas production, as the International Energy Agency’s data shows that more methane emissions comes from oil production than from gas production. Read More »

Posted in General, Methane, Natural Gas / Comments are closed