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…
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Western Transmission Cleared to Move Alternative Energy from Wyoming to Nevada
The Bureau of Land Management (BLM) approved a 732-mile transmission line across federal lands to move wind energy to Nevada from Wyoming. BLM issued the notice to proceed (NTP) for the TransWest Express Project (TWE), which would carry 3 GW of capacity generated from the largest onshore wind generation project in North America, according to…
AMLO Says Mexico’s CFE Will Command 65% of Generation Mix by Next Year
Mexico’s President Andrés Manuel López Obrador wasn’t able to change the constitution to favor state firms Comisión Federal de Electricidad (CFE) and Petróleos Mexicanos (Pemex), but he remains determined to leave his mark on the energy sector before he leaves office in 2024. In his daily press conference on Tuesday morning, López Obrador, or AMLO,…
Atco Saga Highlights Deficiency in Mexico Natural Gas Project Development — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Canadian utility Atco Pipelines SA de CV, like many other North American companies specialized in the energy sector, decided to embark on…
Investor Confidence in Mexico’s CRE Vital for Industry Growth, Says Regulatory Expert
Mexico’s energy regulator Comision Reguladora de Energia (CRE) needs to do a better job in providing a level playing field and improving sector oversight, Enix SC founder Alvaro Efraín Téllez Rangel, who runs the consultancy firm in Mexico City, told NGI’s Mexico’s GPI. Mexico’s CRE must “demonstrate certainty” and make decisions based on “the current…
Mexico Nearshoring Boom Could Be Upended by Regulatory Environment — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The big investment news in Mexico is Elon Musk’s intention to build a ~$5 billion Tesla plant in the thriving northern city…
API, Allies Urge Biden Government to ‘Hold Mexico Accountable’ for Nationalist Energy Policies
A trio of U.S. trade organizations led by the American Petroleum Institute (API) is again calling on the Biden administration to engage forcefully with Mexico over the latter’s energy policies, which the groups say give preferential treatment to Mexico’s state-owned producers of hydrocarbons and electricity. In a letter to U.S. Trade Representative Katherine Tai, API…
Biden Administration Ready to Accelerate Carbon Capture Technologies with $2B-Plus in Funding
The Biden administration is funding $2.52 billion to accelerate investments in carbon capture storage (CCS) and carbon transport technologies. The Bipartisan Infrastructure Investment and Jobs Act of 2021 funded two programs: the Carbon Capture Large-Scale Pilots and Carbon Capture Demonstration Projects. The goal of these programs is to decrease carbon dioxide (CO2) emissions from electricity…
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…
LNG Huge Opportunity for Mexico, but Challenges Remain — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The idea of using the Mexican Pacific coast as an export platform for LNG from Waha has been around for a while. …