Federal regulators last week determined that electric utilities could recover cybersecurity investments when designing rate structures, but disregarded calls to extend the favor to natural gas pipelines. The FERC ruling stems from the Infrastructure Investment and Jobs Act’s (IIJA) direction for federal agencies to secure energy infrastructure against all physical and cyber threats (No. RM22-19-000). …
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Articles from ferc
Biden Administration’s MVP Support Bodes Well for Project, with Natural Gas ‘Important’ to Energy Transition
The Biden administration has publicly endorsed, at least tepidly, the Mountain Valley Pipeline (MVP), a development that could augur well for the beleaguered natural gas conduit’s hopes of finally completing a drawn-out construction process. In a letter to FERC sent last Friday, U.S. Energy Secretary Jennifer Granholm expressed support for the 303-mile, 2 million Dth/d…
Rio Grande LNG Closer to Commercialization with FERC Reaffirming Authorization
NextDecade Corp.’s Rio Grande LNG project has cleared a major hurdle that opens a clearer path to reaching a final investment decision (FID) after FERC reaffirmed its approval for the facility and an associated pipeline in a long-awaited order issued late Thursday. In a 3-1 vote, the Federal Energy Regulatory Commission found its 2019 approvals…
LNG Surge Helps Fuel Healthy Summer Outlook for UK – The Offtake
The UK’s National Gas Transmission company reported the country is expected to have enough natural gas to meet summer demand this year.
FERC Pauses Review for Rio Grande LNG CCS Proposal
As NextDecade Corp. awaits a critical FERC decision for the Rio Grande LNG facility later this week, federal regulators have paused the regulatory process for a project intended to significantly reduce emissions from the Texas export project. In a letter published Friday, Federal Energy Regulatory Staff informed the Houston-based firm that it was suspending an…
U.S. Natural Gas Demand Outpaced Supply in 2022, Says FERC
U.S. LNG exports rose by 8.6% year/year to average 10.6 Bcf/d in 2022, with demand growth driven by European markets seeking a substitute for Russian supply, according to FERC. Coincidentally, the figure for net exports of natural gas overall – including liquefied natural gas and pipeline exports – also was 10.6 Bcf/d, up slightly from…
FERC Authorizes Amended Design for Sempra’s Cameron LNG Expansion
The Federal Energy Regulatory Commission has authorized Sempra Infrastructure’s amended design for the expansion of its Cameron LNG facility as the firm aims for a final investment decision (FID) this summer for the project. In early 2022, Sempra filed a request to amend the approval for its proposed 6.75 million metric tons/year expansion of the…
Venture Global Sanctions Second Phase of Plaquemines LNG Project
Venture Global LNG Inc. said Monday that it would go forward with the second phase of its Plaquemines export terminal under development in Louisiana after securing $7.8 billion in financing. The final investment decision (FID) comes less than 10 months after the first phase was sanctioned. All together, Venture Global said it would invest $21…
FERC’s Phillips Vows to Approach Infrastructure Project Approvals in ‘Accelerated Way’
FERC Acting Chairman Willie Phillips got the memo. The head of the federal regulatory agency tasked with overseeing energy infrastructure development told a cavernous conference hall filled with industry insiders what they had hoped to hear: Phillips has their back when it comes to speeding up decisions on infrastructure projects. “Building new things,” Phillips said…
Freeport LNG Requests Authorization to Restart Last Liquefaction Train
Freeport LNG Development LP this week asked federal regulators for approval to begin commercial operations from Train 1. “Freeport has performed a full pre-startup safety review of Train 1, identified and completed corrective work necessary to be able to safely restart the unit, and is ready to commence activities to safely restart Train 1, beginning…