Energy Policy

POV: Power Breakfast

Power Breakfast for September 8, 2016

Former EPA administrators praise nuclear energy's role in reducing carbon emissions; Energy storage deployment set to grow in 2016


POV: Power Breakfast

A nearly daily update of energy-related news:

  • Former EPA administrators, Christine Whitman and William Reilly, discussed nuclear energy’s role in achieving the country’s goal of reducing carbon emissions at the Stanford School of Public Policy. Part of their discussion included the economic and political factors of closing nuclear facilities and its impact on air quality and quality of life. Whitman praised nuclear energy’s role in reducing carbon emissions and stated that nuclear energy currently represents 63 percent of the country’s clean energy and about 19 percent of the overall energy produced.
  • According to the U.S. Energy Storage Monitor, there was a 126 percent increase in total energy storage deployed in Q2 over Q1 with 41.2 megawatts of energy storage deployed. Executive Director of the Energy Storage Association, Matt Roberts, believes that the energy storage industry is set to grow another 30 percent in 2016 helping to add flexibility and efficiency to the country’s power grid.
POV: Power Breakfast

Power Breakfast for September 6, 2016

ERCOT releases Fall SARA; House and Senate committee drafting energy compromise bill


POV: Power Breakfast

A nearly daily update of energy-related news:

  • ERCOT released its Seasonal Assessment of Resource Adequacy (SARA) for this fall as well as its preliminary outlook for winter which states that there should be sufficient generation to meet the electricity demands for the region this upcoming fall and winter. The fall report forecasts a peak demand of about 54,400 MW and more than 82,000 MW of total generation capacity. The initial winter SARA forecasts sufficient generation with approximately 59,000 MW of peak demand expected.
  • The House and Senate committee will meet this week to draft an energy compromise bill to reform the federal energy policy. Led by Senators Lisa Murkowski (R-Alaska) and Maria Cantwell (D-Washington), the committee wants to include provisions to expand exports of liquefied natural gas, renew a conservation fund, expand energy efficiency programs and improve the grid’s security.
POV: Power Breakfast

Power Breakfast for August 23, 2016

DOE funds 12 cybersecurity projects to improve infrastructure; Amtrak to implement community microgrid; UK to review coal policy post-Brexit


POV: Power Breakfast

A nearly daily update of energy-related news:

  • The DOE is providing up to $34 million towards 12 cybersecurity projects to improve the country’s energy infrastructure. The funds will cover five cybersecurity areas including: detecting and responding to operational threats, integrating renewables securely, reducing exposure, detecting malware already in the supply chain and identifying gaps in the cybersecurity roadmap released in 2011.
  • Amtrak is planning to implement a community microgrid on its transit system so that it can continue to operate in the event of a power outage. The proposed $31.3 million microgrid with operate with 17.2 MW of energy generation and 4 MWh of storage. Costs (operation, maintenance and fuel costs) total $7.2 million annually with forecasted revenue streams of $10 million annually.
  • The U.K.’s decision to leave the European Union could have ramifications on the country’s power supply and lead to a potential review of the U.K.’s policy on coal. As a non-EU member, the U.K. could be excluded from creating the rules that govern the EU’s wholesale power and gas markets leaving its energy market vulnerable.
POV: Power Breakfast

Power Breakfast for July 28, 2016

U.S. and Mexico to negotiate a nuclear cooperation agreement; Chile hosted its largest power auction


POV: Power Breakfast

A nearly daily update of energy-related news:

  • The U.S. and Mexico will work to negotiate an agreement for peaceful nuclear cooperation that will strengthen the legal framework and improve the supply chain for the transfer of nuclear technology and components so that both countries can optimize nuclear energy’s benefits. Leaders from both countries also agreed to strengthen trade and to include items related to energy and climate change as part of that agreement.
  • On Wednesday, Chile hosted its largest power auction (to date) attracting 84 bids for electricity supply contracts. The country currently has the third most expensive power in South America; hopes are high that the auction will help the country reach its goals of reducing electricity costs for Chilean families and businesses. The winners of the auction will be announced on August 17.
POV: Power Breakfast

Power Breakfast for July 25, 2016

FERC and NERC to improve grid's cybersecurity standard; The 2016 U.S. Energy and Employment Report


POV: Power Breakfast

A nearly daily update of energy-related news:

  • The Federal Energy Regulatory Commission (FERC) has asked the North American Electric Reliability Corporation (NERC) to develop a new Critical Infrastructure Protection (CIP) Reliability Standard to ensure that critical assets on the electrical grid are protected from potential cybersecurity and physical risks. The CIP will ask each affected entity to create and implement a plan to protect their respective assets and to meet the following four objectives: software integrity and authenticity; vendor remote access; information system planning; and vendor risk management and procurement controls.
  • The 2016 U.S. Energy and Employment Report, a report prepared for the DOE by BW Research, presents a look into employment trends in four specific sectors: Electric Power Generation and Fuels, Transmission, Distribution and Storage, Energy Efficiency, and Motor Vehicles. Among other findings, the report found that the Electric Power Generation and Fuel technologies directly employ 1.6 million workers, 63 percent of which work with fossil fuel technologies.
POV: Power Breakfast

Power Breakfast for July 19, 2016

Dallas Federal Reserve Bank of Texas CEO has positive outlook for state; House spending bill to reduce regulatory overreach


POV: Power Breakfast

A nearly daily update of energy-related news:

  • Robert Kaplan, president and CEO of the Dallas Federal Reserve Bank of Texas, stated that he is confident in the state’s overall economy and believes the outlook is promising. Speaking at a World Affairs Council meeting in Houston earlier this month, Kaplan stated “We are the largest exporter in the world that’s been true for a long time. But we also are a magnet. Part of that growth has been we are a magnet for people and firms that are coming to Houston, Dallas, San Antonio, Austin, and that trend is continuing.”
  • The House of Representatives passed a $32.1 billion spending bill funding the Interior Department and environmental programs and includes measures to limit the EPA’s oversight of power plants. Republicans said the bill would help to stop unnecessary and damaging overreach with Rep. Ken Calvert (R-Calif.) stating, “There is a great deal of concern over the number of regulatory actions being pursued by EPA in the absence of legislation and without clear congressional direction.”
POV: Power Breakfast

Power Breakfast for July 14, 2016

Senate votes to convene on energy legislation; Texas ranked No. 2 on CNBC’s America’s Top States for Business 2016


POV: Power Breakfast

A nearly daily update of energy-related news:

  • The Senate has voted to convene a conference committee with the House to discuss the first major piece of energy legislation in almost a decade. Senator Lisa Murkowski, chair of the Energy and Natural Resources Committee, calls this vote a “critical milestone” to passing the bill. Senate committee members will include John Cornyn (R-TX), Lisa Murkowski (R-AK), John Barasso (R-WY), Jim Risch (R-ID), Maria Cantwell (D-WA), Ron Wyden (D-OR), and Bernie Sanders (I-VT). Negotiations are set to begin immediately with an aim of signing the bill into law by year end.
  • Texas ranked No. 2 overall on CNBC’s America’s Top States for Business 2016, a scorecard on states’ economic climate. This is the fourth consecutive year that the Lone Star State has come in second; in fact, Texas has never been ranked below second place. Each state is scored on more than 60 different measures of competitiveness including infrastructure, cost of doing business, workforce, economy and business friendlies.
POV: Power Breakfast

Power Breakfast for July 13, 2016

DOE announces up to $15 million to strengthen power grid; Revenue tied to residential IoT devices expected to reach $117.3 billion by 2026


POV: Power Breakfast

A nearly daily update of energy-related news:

  • The Energy Department will fund up to $15 million to strengthen the security of the nation’s power grid from cyber and physical attacks. U.S. Deputy Energy Secretary Elizabeth Sherwood-Randall said “This funding is another important step in improving the resiliency of our power grid and our ability to respond quickly and effectively to threats in today’s dynamic environment.”
  • In a report released last month titled “Market Data: IoT for Residential Energy Customers,” Navigant Research has found that devices connected to the Internet of Things (IoT) is expected to grow. The residential IoT market includes connected devices (smart thermostats, lighting, smart appliances, etc.)  that help to automate the home to improve energy efficiency. With IoT devices penetrating the residential market, the report proposes that key stakeholders can take advantage of this opportunity by providing value to customers through data insights to help them achieve greater energy efficiency. Global revenue tied to residential IoT devices is expected to reach up to $117.3 billion by 2026.