FERC

FERC ISSUES POSITIVE FINAL EIS FOR CP2 LNG

Retrieved on: 
Friday, July 28, 2023
CP2, Engineer, Corps of Engineers, Commission, Multimedia, National Marine Fisheries Service, FERC, Federal Energy Regulatory Commission, PHMSA, Liquefied natural gas, NEPA, FEIS, Natural gas

ARLINGTON, Va., July 28, 2023 /PRNewswire/ -- Today, Venture Global LNG issued the following statement after the Federal Energy Regulatory Commission (FERC) issued a positive final environmental impact statement (FEIS) for Venture Global's third project, CP2 LNG.

Key Points: 
  • ARLINGTON, Va., July 28, 2023 /PRNewswire/ -- Today, Venture Global LNG issued the following statement after the Federal Energy Regulatory Commission (FERC) issued a positive final environmental impact statement (FEIS) for Venture Global's third project, CP2 LNG.
  • Army Corps of Engineers, Department of Energy, Coast Guard, PHMSA and the National Marine Fisheries Service, for their hard work to complete the Final Environmental Impact Statement (FEIS) for CP2 LNG," said Mike Sabel, CEO of Venture Global LNG.
  • CP2 continues to have robust commercial and financial momentum with approximately half of the project already sold out.
  • CP2 LNG customers
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XBRL US Hosts GovFin 2023: Empowering Governments, Modernizing Reporting, November 9, 2023, Washington, DC

Retrieved on: 
Monday, July 24, 2023
Mechanics, Minnesota Department of Management and Budget, University, University of Denver, Grant, FDTA, Daniels College of Business, XBRL, Government, FERC, Federal Energy Regulatory Commission, GREAT, Division, Management, Security (finance), KPMG, Legislation, Cryptocurrency, Financial adviser

NEW YORK, July 24, 2023 /PRNewswire/ -- XBRL US announced that they will be hosting a one-day conference, GovFin 2023: Empowering Governments, Modernizing Reporting, in Washington, DC, on Thursday, November 9, 2023.

Key Points: 
  • NEW YORK, July 24, 2023 /PRNewswire/ -- XBRL US announced that they will be hosting a one-day conference, GovFin 2023: Empowering Governments, Modernizing Reporting, in Washington, DC, on Thursday, November 9, 2023.
  • The conference will be hosted by KPMG at their offices at 1801 K Street NW, in Washington, DC.
  • "Government entities have much to gain from the innovation and modernization that these new standards can bring."
  • Panel discussions and demonstrations will address legal entity identifiers and the mechanics of creating and using structured, standardized data.

Colette D. Honorable to Join Exelon as Executive Vice President of Public Policy and Chief External Affairs Officer

Retrieved on: 
Tuesday, July 18, 2023
Professional Services, African American, Environmental, Social and Governance (ESG), Other Energy, Nuclear, Utilities, Oil, Gas, Environment, Energy, Consumer, Sustainability, LLP, University, Senate, Public policy, Dan Sullivan (U.S. senator), Marketing, Policy, National Association of Regulatory Utility Commissioners, United States Department of the Interior, Multimedia, FERC, NARUC, Renewable energy, United States Department of State, EXC, Climate change, Arkansas Public Service Commission, Reed Smith, Little Rock School District, Foreign policy, National Association, PSC, Exelon

Exelon (Nasdaq: EXC) today announced that it has named renowned energy policy leader Colette D. Honorable as the company’s executive vice president of Public Policy and Chief External Affairs Officer.

Key Points: 
  • Exelon (Nasdaq: EXC) today announced that it has named renowned energy policy leader Colette D. Honorable as the company’s executive vice president of Public Policy and Chief External Affairs Officer.
  • Honorable assumes this role on Sept. 5, reporting to President and Chief Executive Officer Calvin Butler and joining Exelon’s Executive Committee.
  • VP of Public Policy and Chief External Affairs Officer.
  • She also held roles of increasing seniority with the Arkansas Attorney General’s office, ultimately serving as chief of staff overseeing communications, legislative, policy and public affairs.

NextDecade Announces Positive Final Investment Decision on Rio Grande LNG Phase 1

Retrieved on: 
Wednesday, July 12, 2023
Professional Services, Other Energy, Environment, Oil, Gas, Energy, Finance, Investment, Special Protection Area, EPC, ENN, NTP, FERC, MTPA, TTE, NYSE, Bechtel, Port of Brownsville, Sidley Austin, Coal, Itochu, ExxonMobil, White, Shell, LLP, Kirkland & Ellis, Port, Multimedia, Latham & Watkins, History, Carbon, Phase 1, Natural gas, MUFG Bank, GIC, Partnership, Sale, FID, Global Infrastructure Partners, GIP, TotalEnergies, Financial services, Security (finance), Renewable energy, Mubadala Investment Company, Lower Rio Grande Valley, LNG

NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the Company’s 27 million tonnes per annum (MTPA) Rio Grande LNG (RGLNG) export facility in Brownsville, Texas.

Key Points: 
  • NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the Company’s 27 million tonnes per annum (MTPA) Rio Grande LNG (RGLNG) export facility in Brownsville, Texas.
  • The $18.4 billion project financing for RGLNG Phase 1, is the largest greenfield energy project financing in U.S. history and underscores the critical role that LNG and natural gas will continue to play in the global energy transition.
  • The Company believes these options with its partners will enable NextDecade to deliver the full FERC-approved five-train RGLNG project over time.
  • MUFG Bank, Ltd. acted as financial advisor to NextDecade in connection with the debt financing and Macquarie Capital (USA) Inc. acted as financial advisor to NextDecade in connection with the equity financing.

Renewable Energy Projects Trapped in PJM's Interconnection Queue Would Create Thousands of New Jobs, Billions in Capital Investment

Retrieved on: 
Wednesday, June 28, 2023
Natural Resources Defense Council, Sustainability, Criminal defense lawyer, PJM, Electricity, ACORE, American Council, Wind, FERC, Federal Energy Regulatory Commission, Inflation, Engineering, Natural Resources, NRDC, Power, American Council on Renewable Energy, Inflation Reduction Act of 2022, Policy, Renewable energy, Electric power

WASHINGTON, June 28, 2023 /PRNewswire-PRWeb/ -- The low-cost, clean power that American businesses and homeowners are demanding is ready for deployment, but thousands of renewable energy projects are stuck in grid interconnection queues across the country, facing long delays and rising costs. Nearly all the active projects currently seeking grid connection across America are wind, solar, and battery storage projects that, if developed, could help meet decarbonization targets, create new jobs, and drive significant capital investment.

Key Points: 
  • Nearly all the active projects currently seeking grid connection across America are wind, solar, and battery storage projects that, if developed, could help meet decarbonization targets, create new jobs, and drive significant capital investment.
  • In a first-of-its-kind analysis being released today, the American Council on Renewable Energy (ACORE) quantified the potential economic benefits of the onshore renewable energy projects awaiting grid connection in PJM, the largest electricity market in the United States.
  • ACORE's new analysis focuses on the 2,003 renewable energy projects in this transition cycle for PJM and includes a state-by-state breakdown of the potential job creation and capital investment these projects can deliver.
  • "Unlocking the interconnection queue is key for states to realize well-paid, green jobs and economic opportunities under the Inflation Reduction Act."

OATI Offers FERC Order 881 Compliant Ambient Line Ratings Solution

Retrieved on: 
Friday, June 23, 2023
Webline Communications, FERC, Weather, Innovation, Grid, Cryptocurrency, Public utility

MINNEAPOLIS, June 23, 2023 /PRNewswire-PRWeb/ -- OATI, The Most Trusted Name in Energy™, announces webLineR™ to seamlessly and securely comply with FERC Order 881. Grid operators can use OATI webLineR™ to collect and store facility ambient line ratings, and then seamlessly display the public rating database using webSmartOASIS®. This creative solution eliminates the need for additional credential management systems.

Key Points: 
  • MINNEAPOLIS, June 23, 2023 /PRNewswire-PRWeb/ -- OATI, The Most Trusted Name in Energy™, announces webLineR™ to seamlessly and securely comply with FERC Order 881.
  • Grid operators can use OATI webLineR™ to collect and store facility ambient line ratings, and then seamlessly display the public rating database using webSmartOASIS®.
  • "OATI webLineR™ sets the standard for streamlining this transition and offering customers an immediate, secure, value-added solution to achieve these new benchmarks."
  • FERC Order 881 requires transmission providers to improve both transmission line accuracy and transparency ratings by 2025.

Nuvve Introduces Astrea AI Forecasting for Nordic Energy Market

Retrieved on: 
Thursday, June 22, 2023
Nuvve Nuvve, Ancillary services (electric power), Generator, ISO, V2G, Power, Electricity, Distributed generation, Intelligence, Astrea, Forecasting, FERC, SAN, Bundesverband der Energie- und Wasserwirtschaft, Renewable energy, EU, Nordic

Astrea AI continuously forecasts prices and capacity for Nordic primary reserves to optimize energy market bids.

Key Points: 
  • Astrea AI continuously forecasts prices and capacity for Nordic primary reserves to optimize energy market bids.
  • Astrea AI technology is integrated with Nuvve's GIVe™ platform for V2G and charge management and will automate future bidding and frequency regulation market selection.
  • Nuvve formed Astrea AI in early 2022 to provide improved forecasting, a worldwide tariff database, predictive maintenance and energy insights and reporting, among other benefits, thereby strengthening its GIVe™ technology even further.
  • Astrea AI makes energy markets easier and more accurate to predict, enabling us to further optimize revenue from our market participation.

Excella Secures Call Order in Support of the Federal Energy Regulatory Commission Office of Enforcement

Retrieved on: 
Wednesday, June 21, 2023
Public Policy, Government, Software, Data Analytics, White House, Federal Government, Data Management, Professional Services, Technology, Other Technology, Federal Energy Regulatory Commission, FERC, Partnership, OE, DSS, Office of Enforcement and Compliance Assurance, Engineering, BPA, Public utility

Excella, a pioneer in Agile data solutions, today announced that the company has been awarded a third call order under the 10-year Federal Energy Regulatory Commission (FERC) Data Support Services (DSS) Blanket Purchase Agreement (BPA).

Key Points: 
  • Excella, a pioneer in Agile data solutions, today announced that the company has been awarded a third call order under the 10-year Federal Energy Regulatory Commission (FERC) Data Support Services (DSS) Blanket Purchase Agreement (BPA).
  • Under this call order, Excella will help the Commission’s Office of Enforcement (OE) modernize existing data analytics products and build new enhancements for FERC’s cloud analytics platform.
  • This latest call order will enable OE to utilize FERC’s cloud analytics platform to fulfill its mission to perform surveillance and analysis of data relating to FERC-jurisdictional markets.
  • “We are excited to extend our partnership with FERC to support additional modernization of its data capabilities at the Office of Enforcement,” said Jimmy Benani, Vice President of Excella’s Federal Health and Civilian market.

NiSource announces agreement to sell minority equity interest in NIPSCO to strengthen financial foundation and support sustainable, long-term growth

Retrieved on: 
Tuesday, June 20, 2023
LLP, Partnership, Senior, BX, GAAP, Latham & Watkins, Goldman Sachs, Interest, Blackstone, FERC, Public expenditure, FFO, NiSource, Investment, McGuireWoods, Water, Webcast, CFO, Growth, Weather, Transport, Letter, Sumitomo Mitsui Banking Corporation, Safety, NYSE, Barclays, Financial services, Public utility, Renewable energy, Cryptocurrency, NIPSCO, Infrastructure

Blackstone invests alongside NiSource in NIPSCO to fund the energy transition and accelerate the reindustrialization of the Midwest.

Key Points: 
  • Blackstone invests alongside NiSource in NIPSCO to fund the energy transition and accelerate the reindustrialization of the Midwest.
  • NiSource reaffirms commitment to Indiana and to its consolidated credit, earnings and growth commitments through 2027.
  • The transaction implies an equity value of $10.8 billion and enterprise value of $14.3 billion for 100% of NIPSCO.
  • NiSource will continue to operate NIPSCO; Blackstone will receive minority rights that are commensurate with its 19.9% equity ownership interest.

dcbel's residential bidirectional DC charger first to achieve certification in the US

Retrieved on: 
Tuesday, June 13, 2023
Home Energy Station, NRTL, Nationally Recognized Testing Laboratory, California Energy Commission, EV, Senate, Electronics, AC, Orchestration, UL, Certification, EVS, FERC, Intertek, Level 2, Laboratory, SAN, Federal Energy Regulatory Commission, Architecture, Der, Safety, Electric power, Electric motor

This universally compatible solution will allow customers to power their homes during a blackout and significantly reduce energy costs.

Key Points: 
  • This universally compatible solution will allow customers to power their homes during a blackout and significantly reduce energy costs.
  • The unprecedented certification process, during which standards were not only assessed but also drawn, was over two years in the making.
  • Batteries can only be charged and discharged using DC energy.
  • It delivers ultra-stable DC energy directly to the EV battery, improving upon typical Level 2 charging speeds while avoiding the degrading effects of high-intensity Level 3 DC fast chargers.