Federal Energy Regulatory Commission

Voltus to Host Future of Energy Series with NERC and Former FERC Chairman Speakers

Retrieved on: 
Wednesday, March 27, 2024
Transmission, PJM, Speech, Chicago Athletic Association, Organization, SAN, DER, Senior, VPP, Federal Energy Regulatory Commission, RSVP, Lunch, Central Time

This summit will focus on the state of the electric grid and innovative energy solutions to achieve a more affordable, resilient, and decarbonized energy future.

Key Points: 
  • This summit will focus on the state of the electric grid and innovative energy solutions to achieve a more affordable, resilient, and decarbonized energy future.
  • Sessions include:
    Phil Deutch, the Founder & CEO at NGP Energy Technology Partners, will deliver the keynote speech, looking at top energy transition trends that are impacting commercial, industrial, and DER owner and operator energy users.
  • “We are thrilled to be hosting our third Future of Energy Series event.
  • “In a rapidly evolving energy landscape with changing regulations, it has never been more important that organizations understand how to secure a clean, cost-effective, and reliable energy future.

Former FERC Chairman Neil Chatterjee joins board of CarbonCapture Inc.

Retrieved on: 
Wednesday, March 27, 2024
Law school, Face, Commissioner, University, Hogan Lovells, Senior, Carbon, St. Lawrence University, DAC, IP, Federal Energy Regulatory Commission, FERC

LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the appointment of Neil Chatterjee to its Board of Directors.

Key Points: 
  • LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the appointment of Neil Chatterjee to its Board of Directors.
  • Mr. Chatterjee is a former Commissioner and Chairman of the Federal Energy Regulatory Commission (FERC) and has deep ties in Washington and across the industry, with extensive experience across the energy landscape, both domestically and internationally.
  • In his time on Capitol Hill and at FERC, he established a reputation as a bipartisan operator who built alliances and cut through red tape.
  • "Every DAC plant is also a clean energy project," said Adrian Corless, CEO of CarbonCapture Inc. "That's why I'm thrilled to welcome Neil to our team.

United States $41.58 Billion Natural Gas Storage Markets, Competition, Forecast & Opportunities, 2018-2028F - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 3, 2024
Oil, Gas, Energy, Electricity, DOT, Natural gas, Pressure, Growth, Heat, Natural disaster, Transport, Wind, Methane, Federal Energy Regulatory Commission, Safety, Rail transport by country, Coal, FERC, USD, Greenhouse, Movement, Weather

The "United States Natural Gas Storage Market, By Region, By Competition Forecast & Opportunities, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Natural Gas Storage Market, By Region, By Competition Forecast & Opportunities, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.
  • United States Natural Gas Storage Market has valued at USD 41.58 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.82% through 2028.
  • One of the key drivers for the United States Natural Gas Storage Market is the increasing demand for natural gas, driven by its versatile applications in electricity generation, heating, industrial processes, and as a cleaner energy source.
  • Another crucial driver for the United States Natural Gas Storage Market is the evolving regulatory landscape and environmental considerations.

Enstor Files FERC Application to More Than Double the Capacity of its Mississippi Hub Natural Gas Storage Facility

Retrieved on: 
Tuesday, March 19, 2024
Energy, Other Energy, Oil, Gas, Growth, Environment, Economic development, Hub, Dehydration, Federal Energy Regulatory Commission, Safety, FERC

Mississippi Hub, LLC (MS Hub), an affiliate of Enstor Gas , LLC, the largest privately owned natural gas storage company in the United States, has filed an application (docket number CP24-80 ) with the Federal Energy Regulatory Commission (FERC) to amend its current certificate to allow for the expansion of the MS Hub gas storage facility.

Key Points: 
  • Mississippi Hub, LLC (MS Hub), an affiliate of Enstor Gas , LLC, the largest privately owned natural gas storage company in the United States, has filed an application (docket number CP24-80 ) with the Federal Energy Regulatory Commission (FERC) to amend its current certificate to allow for the expansion of the MS Hub gas storage facility.
  • MS Hub is a high-deliverability underground natural gas storage facility located on the Bond Salt Dome in Simpson County, Mississippi.
  • When fully completed, the MS Hub expansion project will increase the total working gas storage capacity to 56.3 Bcf, approximately 2.5 times the facility’s present capacity.
  • “It’s been a decade since the industry has seen significant additions to natural gas storage,” said Enstor CEO Paul Bieniawski.

NextDecade Provides Fourth Quarter 2023 Business Update

Retrieved on: 
Monday, March 11, 2024
Oil, Gas, Chemicals, Plastics, Commercial Building & Real Estate, Construction & Property, Energy, Green Technology, Manufacturing, Sustainability, Finance, Professional Services, Environment, Mining, Minerals, Natural Resources, Other Energy, Other Construction & Property, FEED, MTPA, Growth, FID, Movement, Investment, Federal Energy Regulatory Commission, Train, Safety, FERC, Primary energy, TotalEnergies, DOE, Engineering, EPC, Development

NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the fourth quarter 2023 and early 2024.

Key Points: 
  • NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the fourth quarter 2023 and early 2024.
  • "We are committed to maximizing long-term value for NextDecade's shareholders by executing our business strategy efficiently and effectively," said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer.
  • With regulatory approvals in place, our Train 4 and 5 expansion capacity is well-positioned to meet growing global demand for LNG.
  • NextDecade has posted an updated investor presentation to its website concurrently with this release.

Global Laminated Busbar Market Forecast to 2030: Epoxy Powder Coating Segment to Account for Larger Share of Laminated Busbar Market in 2029

Retrieved on: 
Thursday, March 21, 2024
Copper, Failure, Electricity, Organization, American Electric, Risk, Commercial, Smart grid, Smart, Investment, Public utility, International Renewable Energy Agency, Federal Energy Regulatory Commission, Safety, Polyester resin, USD, Region, DOE, Ageing

In 2022, the epoxy powder coating segment constituted a 37.8% share of the laminated busbar market in terms of insulation material.

Key Points: 
  • In 2022, the epoxy powder coating segment constituted a 37.8% share of the laminated busbar market in terms of insulation material.
  • This segment is anticipated to retain its position as the largest in the laminated busbar market by insulation material throughout the forecast period.
  • In 2022, the aluminum-laminated busbar segment held a 17.8% share of the laminated busbar market in terms of material.
  • In 2022, North America held an 18.2% share of the global laminated busbar market, encompassing the US, Mexico, and Canada.

Tellurian Reports 2023 Financial Results and Driftwood LNG Progress

Retrieved on: 
Friday, February 23, 2024
Energy, Other Energy, Oil, Gas, Tellurian Inc, ICL, Driftwood, Plant, Sale, Federal Energy Regulatory Commission, Inc., Bank statement, FERC

Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) reported its full year 2023 financial results today.

Key Points: 
  • Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) reported its full year 2023 financial results today.
  • During 2023, Tellurian took significant steps to advance the Driftwood LNG project, having driven over 14,000 piles at site and making progress on concrete foundations for critical equipment thus de-risking site construction.
  • Subsequent to year end, Tellurian amended its senior secured notes and senior convertible notes to provide financial flexibility.
  • As disclosed in our financial statements, we have made significant progress in executing our plans to alleviate substantial doubt.”

Cheniere Partners Reports Fourth Quarter and Full Year 2023 Results and Introduces Full Year 2024 Distribution Guidance

Retrieved on: 
Thursday, February 22, 2024
Oil, Gas, Energy, IPM, Natural gas, British thermal unit, Sale, Federal Energy Regulatory Commission, Line of credit, SPL, Public expenditure, Hand, Peptide, FERC

In November 2023, SPL redeemed $50 million in principal amount of the 2024 SPL Senior Notes with cash on hand.

Key Points: 
  • In November 2023, SPL redeemed $50 million in principal amount of the 2024 SPL Senior Notes with cash on hand.
  • The common unit distribution and the related general partner distribution will be paid on February 14, 2024.
  • Cheniere Energy, Inc. will host a conference call to discuss its financial and operating results for fourth quarter and full year 2023 on Thursday, February 22, 2024, at 11 a.m. Eastern time / 10 a.m. Central time.
  • The call and accompanying slide presentation will include financial and operating results or other information regarding Cheniere Partners.

Cheniere Reports Fourth Quarter and Full Year 2023 Results and Introduces Full Year 2024 Financial Guidance

Retrieved on: 
Thursday, February 22, 2024
Energy, Other Energy, Oil, Gas, IPM, Natural gas, British thermal unit, Sale, Federal Energy Regulatory Commission, Line of credit, Income tax, SPL, Hand, Partner, CCL, FERC

Net income was approximately $9.9 billion for the twelve months ended December 31, 2023 as compared to approximately $1.4 billion for the corresponding 2022 period.

Key Points: 
  • Net income was approximately $9.9 billion for the twelve months ended December 31, 2023 as compared to approximately $1.4 billion for the corresponding 2022 period.
  • Consolidated Adjusted EBITDA decreased approximately $1.5 billion and $2.8 billion for the three and twelve months ended December 31, 2023, respectively, as compared to the corresponding 2022 periods.
  • In November 2023, SPL redeemed $50 million in principal amount of the 2024 SPL Senior Notes with cash on hand.
  • First LNG production from the first train of the CCL Stage 3 Project is currently forecast to be achieved at the end of 2024.

AEP Completes Sale of New Mexico Solar Assets

Retrieved on: 
Tuesday, February 27, 2024
American Electric Power, AEP, Multimedia, Exu, Sale, Federal Energy Regulatory Commission, Carbon, Electricity, NMRD, Renewable energy

COLUMBUS, Ohio, Feb. 27, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).

Key Points: 
  • COLUMBUS, Ohio, Feb. 27, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).
  • AEP began the sale process in June 2023 and received necessary regulatory approval from the Federal Energy Regulatory Commission, New Mexico regulatory approvals associated with one of NMRD's projects and clearance under the Hart-Scott-Rodino Antitrust Improvement Act of 1976.
  • The sale portfolio includes nine operating solar developments totaling 185 MW and six projects under development with an estimated output of 440 MW.
  • AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.