On March 31, House Energy and Commerce Committee Chairman Henry Waxman (D-CA) and House Energy and Environment Subcommittee Chairman Edward Markey (D-MA) released a draft energy and climate change bill.
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Senators Dorgan and Voinovich Introduce Energy Bill
On Wednesday, Senator Byron Dorgan (D-ND), chairman of the Senate Energy and Water Development Appropriations Subcommittee, released the National Energy Security Act of 2009 (“NESA”). NESA, which is co-sponsored by Senator George Voinovich (R-OH), attempts to diversify and promote alternative forms of energy such as plug-in cars and trucks, biofuels, and domestic renewables and fossil fuels in order to decrease the United States’ dependence on foreign oil by 80% by 2050.
Supreme Court Rules on Cooling Water Intake Structures
On Wednesday, the Supreme Court of the United States, in a 6-3 decision, reversed the United States Court of Appeals for the Second Circuit (“Court of Appeals”) and upheld the EPA rule that it could consider costs and benefits for existing cooling water intake structures. The EPA estimates that the Supreme Court’s ruling affects over 500 facilities that account for over half of the United States’ electricity production.
PJM Reliability Pricing Model Conditionally Approved by FERC
On March 26, 2009, FERC issued an order accepting in part and rejecting in part revisions to PJM Interconnection Inc.’s (“PJM”) Reliability Pricing Model (“RPM”) that were proposed in a February 9, 2009, settlement agreement. As part of the order, the Commission increased the cost of new entry (“CONE”), conditionally accepted PJM’s proposed redesign of the incremental auction process, and included new provisions to enable energy efficiency resources to participate in the capacity market.
FERC Clarifies ATC Consistency Requirements in Order No. 890-C
On March 19, 2009, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued its third order on rehearing (“Order No. 890-C”) regarding its open access transmission reform rule, Order No. 890, in order to clarify the calculation of available transfer capability (“ATC”).
D.C. Circuit Upholds EPA’s Exception Events Rule
Last Friday, the U.S. Court of Appeals for the D.C. Circuit (“D.C. Circuit”) upheld the Environmental Protection Agency’s (“EPA”) “exceptional events rule,” which allows data recorded during unusually strong storms or natural disasters to be excluded when determining whether an area violates federal air quality standards.
FERC Proposes to Approve Six Reliability Standards on Available Transfer Capability
On March 19, 2009, FERC issued a Notice of Proposed Rulemaking (“NOPR”) to approve six Modeling, Data and Analysis (“MOD”) Reliability Standards that would require certain users, owners and operators of the transmission system to develop consistent methodologies for the calculation of ATC.
EPA’s Endangerment Finding Under Review at the White House Office of Management and Budget
The U.S. Environmental Protection Agency (“EPA”) has reached a proposed determination regarding whether or not greenhouse gas (“GHG”) emissions endanger public health, public welfare, or both. Not yet published, EPA’s proposed “endangerment finding” was submitted to the White House Office of Management and Budget (“OMB”) on Friday, March 20th, and is currently undergoing an inter-agency review led by the OMB.
Senator Cantwell Introduces Legislation to Boost FERC Market Authority
On Tuesday, the U.S. Senate Energy and Natural Resources Committee’s energy subcommittee released new legislation, authored by the subcommittee’s chairman, Senator Maria Cantwell (D-WA), to increase FERC’s authority over market manipulation.
Wellinghoff Named Permanent Chair of FERC, Kelly Re-Nominated
Yesterday, the White House announced that President Obama named the current Acting Chairman of the Federal Energy Regulatory Commission (“FERC” or “Commission”), Jon Wellinghoff, to the post permanently. Chairman Wellinghoff is widely seen as a proponent of the White House’s green energy policy.
In addition, the White House announced that…