With the dead of winter approaching, it is appropriate to reflect on last year’s Winter Storm Elliott, which occurred over Christmas and caused millions of people to lose power across the eastern United States. It followed Winter Storm Uri, which happened in Texas a year earlier.
Natural gas, 40% of this country’s energy portfolio, is the primary fuel for winter heating. Some of the most progressive states, like California, with the largest...Read More>>>
The Organization of the Petroleum Exporting Countries, also known as OPEC, was formed in 1960 by Iraq, Iran, Kuwait, Saudi Arabia, and Venezuela. The organization has since expanded to 13 members. OPEC regularly meets to set oil production targets and coordinate output to help manage global oil prices for...Read More>>>
Pointing to winter storms Elliott and Uri, which led to blackouts and multiple deaths, FERC said it is critically important to ensure there are adequate power supplies in the winter.
“We believe that SPP should prioritize the development of a winter season resource adequacy requirement that is not only robust and comprehensive but also specifically tailored to meet the distinct demands of the...Read More>>>