Winter Storm Uri

Following “aggressive grid management planning,” the Texas electrical grid is prepared to meet the winter 2022-2023 forecast peak demand of nearly 67.4 GW, the Energy Reliability Council of Texas (ERCOT) said. ERCOT late last month released its Seasonal Assessment of Resource Adequacy (SARA) report, in which it detailed the 87.3 GW of resources that are…

PJM Interconnection LLC, which serves 65 million across the Mid-Atlantic, said it is armed to combat winter, with adequate fuel and energy supplies to meet a forecast peak demand of about 137 GW. The regional transmission operator serves customers in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West…

Natural gas infrastructure considered “critical” by the state will be required to weatherize operations under rules approved Tuesday by the Railroad Commission of Texas (RRC).  Objections by consumer and watchdog groups failed to sway the three-member commission, which enacted the rules unanimously.  Critics in comments sent to RRC and in person at the open meeting…

Natural gas infrastructure considered “critical” by the state will be required to weatherize operations under rules approved Tuesday by the Railroad Commission of Texas (RRC).  Objections by consumer and watchdog groups failed to sway the three-member commission, which enacted the rules unanimously.  Critics in comments sent to RRC and in person at the open meeting…

An initial investigation by FERC that found some “anomalies” during Winter Storm Uri in February 2021 may have been caused by natural gas market manipulation, Chairman Richard Glick said Thursday. The Federal Energy Regulatory Commission is unable to probe some aspects of the possible illegal activity because the main Texas power grid, the Electric Reliability…

Extreme weather events, supply shortages, post-Covid-19 demand growth and technical failures gave rise to roughly 4% of the world’s population, roughly 350 million people, experiencing major power outages in 2021, according to IHS Markit researchers. IHS Markit analyst Rama Zakariasaid some of the largest outages occurred in regions with a relatively reliable supply of energy,…

No groundhogs were needed to convince natural gas traders that Old Man Winter was planning to stick around longer across the United States. A biting February forecast combined with strong storage withdrawals, potential supply disruptions and robust export demand to send March Nymex natural gas futures ballooning to $5.501/MMBtu, up 75.0 cents on the day.…

Oklahoma regulators approved to lower and extend the natural gas costs incurred by consumers following Winter Storm Uri last year when wholesale prices skyrocketed. The Oklahoma Corporation Commission (OCC) order in January allows the costs to be securitized under a law passed by the legislature after the deadly emergency event. Without the securitization, it is…

Weeks away from the one-year anniversary of Winter Storm Uri, Oklahoma regulators have approved a plan that would lower and extend the natural gas costs incurred by consumers following the deadly storm. The Oklahoma Corporation Commission (OCC) order issued earlier in January allows the costs to be securitized under a law passed by the state…