FERC Directs NERC to Tighten Bulk Electric System Cybersecurity January 26, 2023 On January 19, 2023, the Federal Energy Regulatory Commission issued a Final Rule directing the North American Electric Reliability Corporation to file for FERC review new or modified Reliability Standards that require internal network security monitoring (INSM) within trusted Critical Infrastructure Protection (CIP)…
Number of oil and gas mergers and acquisitions hits a 17-year low in Q4 of 2022 Energize Weekly, February 1, 2023 The volume of oil and gas sector mergers and acquisitions fell to a 17-year low in the last quarter of 2022 as deal value for the quarter declined 13 percent year-over-year to $13 billion,…
‘Absolutely crazy’: Wind turbine in Dodge County collapses Jan 20, 2023 Wednesday night the blades and top portion of a wind turbine came crashing down to the field below in a rural area of Dodge County, near the town of Herman. The impact scattered massive pieces of debris across the ground. Nobody was hurt. Read…
Biden administration threatens veto of GOP bill restricting strategic oil reserve releases Jan 23, 2023 The Biden administration is threatening to veto Republican-led legislation that would restrict the release of oil from the country’s emergency reserve. “If Congress were to pass H.R. 21, the president would veto it. He will not allow the American people…
State lawmakers propose power grid protections after attacks January 22, 2023 When gunshots at two electrical substations cut power to thousands of central North Carolina homes for several days in early December, Republican state Rep. Ben Moss watched his vibrant district full of family farms, small businesses and sprawling golf courses become “a ghost town.”…
US House passes bill to ban US strategic oil reserve sales to China; Senate path unclear 12 Jan 2023 The US House of Representatives advanced legislation Jan. 12 aimed at preventing crude oil from the US Strategic Petroleum Reserve from ending up in China, sending the measure to the Senate where odds of passage are…
Substation attacks may lead to new energy security rules in 2023, experts say Jan. 17, 2023 Amid a growing cyber threat to the U.S. electric grid, 2022 ended with a spate of physical attacks that could portend new security rules for some energy infrastructure, say experts. “The physical substation attacks toward the end of last…
Winter Storm Elliott stressed regional electric grids across the U.S. in different ways Energize Weekly, January 18, 2023 Winter Storm Elliott, the bomb cyclone with freezing temperatures and blizzard conditions that swept across the U.S. east of the Rockies, sparked a wave of outages with its impacts varying from regional grid to regional grid. On…
Why natural gas prices — and bills — are soaring in Southern California JAN. 9, 2023 Southern California Gas Co. and San Diego Gas & Electric have issued stark warnings to customers that their January natural gas bills could double, citing factors for historically high wholesale costs that include sinking inventories, supply constraints and a…
Biden declares emergency in California as more winter storms advance JAN 9 2023 President Joe Biden on Monday declared an emergency in California after a barrage of deadly winter storms has prompted widespread power outages and flooding since last week. Extreme downpours, high winds and flash floods have caused at least 12 fatalities in the…
AEP Ohio asking for rate increase to boost system reliability after last summer’s storms Jan. 6, 2023 Several months after powerful storms whacked AEP Ohio’s transmission system and forced the power company to turn off electricity to some Columbus-area neighborhoods to avoid a larger power loss, AEP is now asking for more money from customers…
Colorado co-ops say Xcel Energy mismanaged natural gas supplies during 2021 storm Energize Weekly, January 11, 2023 The fallout from the soaring natural gas prices created by Winter Storm Uri in 2021 continues as four rural Colorado electric cooperatives have filed a complaint with federal regulators saying they were overcharged by their wholesale electricity supplier,…
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