Natural gas market fundamentals are aligned for adequate supply under normal winter conditions, but extreme cold snaps could threaten infrastructure across portions of the United States, federal regulators have warned. FERC and the North American Electric Reliability Corporation (NERC) earlier this month issued the 2023-2024 Winter Energy Market and Electric Reliability Assessment. Citing adequate storage…
Winter Storm Elliott
Articles from Winter Storm Elliott
FERC, NERC Caution Against Closing Everett LNG Import Terminal in New England
The potential closure of the Everett LNG import terminal in New England next year could jeopardize the reliability and affordability of the region’s energy supplies, FERC and the North American Electric Reliability Corporation (NERC) warned in a joint statement. Federal Energy Regulatory Commission Chairman Willie Phillips and NERC CEO James Robb expressed concerns over the…
November 9, 2023
Federal Regulators Urge Enhanced Winterization Standards for Natural Gas, Electricity Systems
The energy sector remains vulnerable to extreme cold weather and must remain steadfast in implementing the previous recommendations outlined by federal regulators to shore up reliability, particularly those addressing the interdependence of natural gas and electricity. In a final report published Tuesday on Winter Storm Elliott, which ravaged the U.S. East Coast and whose impacts…
November 8, 2023
Improving Natural Gas Infrastructure Paramount for Cold Weather Reliability, Says FERC Chair
Winter Storm Elliott, which slammed the East Coast in late 2022, made it “abundantly clear” that major improvements have to be made to the natural gas and electric grid systems, FERC Chair Willie Phillips said Thursday. Speaking during a regular Federal Energy Regulatory Commission meeting, Phillips said improvements must be made to the grid to…
September 22, 2023
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