FirstEnergy’s smart grid technology was invaluable during last year’s East Palestine, Ohio emergency. When a train derailment threatened to cause widespread power outages, the company could quickly and narrowly shut off power to the affected area, allowing emergency officials to respond without interruption. Thanks to this technology, the impact of the incident was significantly reduced.…
The Public Utilities Commission of Ohio (PUCO) is under fire for allowing American Electric Power (AEP) officials to redact parts of an audit that examined the operations of two coal plants subsidized by HB6. According to a recent report, PUCO staff members allowed AEP officials to censor information from the audit that could have shed…
EIA: NATURAL GAS STORAGE REPORT Winter Storm Heather that crossed the USA over the last few weeks significantly increased the demand for gas and electricity, and the freezing temperatures put a large dent in production. During Winter Storm Heather, production dropped from just over 105 bcf/d to over 90 bcf/d. This helped increase the large…
Maryland’s “comprehensive” climate plan has been unveiled, and the next step is figuring out how to pay for it. As the state’s legislative session approaches, discussions surrounding the financial aspect of the plan are expected to be at the forefront. Unfortunately, there are no easy answers. According to a recent article from Maryland Matters, funding…
Ohio environmental groups are pushing back against a state commission that claims its decisions to permit oil and gas drilling in state parks, and wildlife areas can’t be challenged in court. According to Energy News, the commission faces legal action from these groups, who argue that the commission’s claims are unfounded. How this dispute will…
The North American Electric Reliability Corp. has announced a three-year plan to develop reliability standards for wind, solar, and battery storage facilities. This initiative represents a significant step towards modernizing the power grid and ensuring the stability and availability of renewable energy sources. According to Utility Dive, the plan will focus on inverter-based resources (IBRs),…
6-10 DAY AND 8-14 DAY OUTLOOK A warmer weather pattern will gain ground over the US next week with highs of 30s to 50s over the northern US and 50s to lower 80s over the southern US. There will also be heavy rain over Texas & the South next week w/local flooding. Natural gas demand…
The Ohio Supreme Court has ruled that the assets of the former head of the state’s Public Utilities Commission can be frozen in connection to a corruption scandal where he accepted a $4.3 million bribe from FirstEnergy. This decision comes after a long-standing investigation into the energy company’s alleged involvement in the scandal.
WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK The current wave of freezing temperatures has sent the market northward over $3.00. Freezing temperatures have increased demand and likely caused well-head freeze-offs that have hurt production. The good news is that another warmer front will follow the cold front with warmer temperatures across the country in the…
