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Power Crisis Prompts Rethink, With Gas Impacts
Risk management incentives for suppliers to align with reliability goals could also help, argued Devin Hartman, a former president of the Electricity Consumers Resource Council now at the conservative R Street Institute. In Texas, suppliers are more motivated to chase price signals than with SPP and MISO.
Yet with SPP and MISO, one “big issue” is that steps such as winterizing equipment and ensuring backup fuel fall to state regulators. Federal reliability standards aren’t aligned, an issue that “really surfaced” during the bomb cyclone event that hit the Midwest in 2019. “We have seen that disconnect” for years, but extreme cold weather events have underscored it more, Hartman told Energy Intelligence.
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Home » Events » La CEPAL participará en el evento Stimulating a Green Recovery in Latin America organizado por la London School of Economics and Political Science
La CEPAL participará en el evento Stimulating a Green Recovery in Latin America organizado por la London School of Economics and Political Science La División de Desarrollo Sostenible y Asentamientos Humanos de la CEPAL participará en el evento Stimulating a Green Recovery in Latin America organizado por el Latin America and Caribbean Centre (LACC) de la Universidad London School of Economics and Political Science. / ECLAC s Sustainable Development and Human Settlements Division will participate in the event Stimulating a Green Recovery in Latin America organized by the Latin America and Caribbean Center (LACC) of the London School of Economics and Political Science University.
The Arctic National Wildlife Refuge (ANWR) may contain billions of barrels of oil. Rights to explore ANWR will shortly be offered for lease by the U.S. Interior Department. Twenty, ten, even five years ago, oil company interest would have been great. Today, however, a financially constrained industry one that confronts angry, environmentally concerned investors, capital deficiencies, boycotts from banks that once funded lavish exploration programs, and the possibility of rapidly falling consumption due to the global Covid-19 pandemic will likely take a pass. The oil industry is out of money. The window for developing ANWR has closed. The failed Trump administration’s last-minute efforts to auction off drilling rights there will be crushed by the world oil industry’s harsh reality.