News & Analysis as of

Natural Gas Severe Weather

Troutman Pepper

FERC Approves Extreme Cold Weather Reliability Standards EOP-011-4 and TOP-002-5

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On February 15, 2024, FERC approved two new extreme cold weather Reliability Standards EOP-011-4 (Emergency Operations) and TOP-002-5 (Operations Planning)....more

Steptoe & Johnson PLLC

FERC and NERC Issue Joint Recommendations in Response to Winter Storm Elliott Potentially Impacting Well Head to the Burner Tip

On November 7, 2023, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) issued a joint report including recommendations targeting the natural gas industry from the...more

Vinson & Elkins LLP

Mieco v. Pioneer: Interpreting NAESB Force Majeure Provisions in the Context of Winter Storm Uri

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The North American Energy Standards Board (“NAESB”) Base Contract is the most commonly used form contract for physical purchases and sales of natural gas within the industry. It has existed in its current form since 2006;...more

Flaster Greenberg PC

2021 In Energy - The Year We Seem To Travel On Separate Planets

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If 2020 was the year of the great energy disconnect, 2021 was the year the people carrying out the energy debate appeared to be living on different planets, floating aimlessly through time and space and never intersecting...more

Husch Blackwell LLP

FERC and NERC Take Action on Winter Readiness

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As the cold weather season approaches, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) are taking action to prevent a repeat of the devastating electric power...more

Jones Day

FERC, NERC Outline Proposed New Reliability Standards Following the February Winter Storm

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The Federal Energy Regulatory Commission's ("FERC") Office of Electric Reliability and Enforcement and the North American Electric Reliability Corporation ("NERC") staff presented a series of findings and preliminary...more

Morgan Lewis

FERC/NERC Report on Winter Storm Uri Recommends Enhanced Cold Weather Preparation

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A report presented on September 23, 2021, into the February 2021 power outages in Texas and the US Midwest caused by extreme cold weather identified the causes of the outages and outlined a series of recommendations....more

Mintz - Energy & Sustainability Viewpoints

Lone Star Solar: Challenges and Opportunities in Post-Blackout Texas

Starting in late February, over 2.7 million Texas households were left without energy and over 100 people died as a severe winter storm caused a series of rolling blackouts across Texas, drawing national attention to the...more

Morgan Lewis - Power & Pipes

FERC Schedules Technical Conference to Discuss Electric System Reliability

In the wake of the February extreme cold weather that caused record levels of electric generation to be taken offline, the Federal Energy Regulatory Commission (FERC or the Commission) has scheduled a two-day technical...more

Opportune LLP

A Perfect Storm: Born Out Of Market Dynamics

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Some may call the winter storm that descended on Texas a “black swan” event, but it may in fact be a “perfect storm” born out of existing market dynamics that could’ve been avoided....more

Proskauer - Minding Your Business

Nationwide Deep Freeze Leads to Spike in Natural Gas Prices

In the wake of the deep freeze that recently swept the nation, natural gas has taken the forefront among a slew of price gouging allegations. Last week’s winter storms caused natural gas spot market prices to spike, with some...more

Morgan Lewis - Power & Pipes

FERC to Investigate Natural Gas and Electricity Markets in Wake of Texas Storm

The Federal Energy Regulatory Commission (FERC) announced on February 22 that its Office of Enforcement would examine wholesale natural gas and electricity market activity during last week’s extreme cold weather ...more

Pillsbury Winthrop Shaw Pittman LLP

Preparing Your Personal and Business Insurance Claims

Responding to the Texas Winter Storm Crisis: Issue 1 - The world is witnessing yet another dramatic weather event, this time in the southern states, especially Texas. The severe winter conditions in Texas have caused...more

Morgan Lewis - Power & Pipes

Texas Restricts Gas Exports Amid Cold Weather Crisis

On February 17, Texas Governor Greg Abbott took the extraordinary measure of directing the Railroad Commission of Texas (RRC) to restrict out-of-state exports of natural gas produced in Texas through February 21. Noting the...more

Hogan Lovells

Energy regulators step up to address recent cold weather events

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On February 16, 2021, in response to the extreme cold weather events resulting in significant power outages affecting millions of electricity customers throughout the Midwest and South Central states, particularly in systems...more

Snell & Wilmer

Polar Vortex Highlights Problems with Texas Isolationist Model and Need for National Electric Grid

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Following a week of extremely cold temperatures which caused millions of Texans to be without power, in some cases for longer that three days, the Federal Energy Regulatory Commission (FERC) announced that it will be...more

Morgan Lewis

Texas Blackouts Show Vulnerabilities of Electric Grid; Federal and State Investigations Announced

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After severe winter weather forced Texas into experiencing power outages and rolling blackouts, there will likely be resulting federal and state investigations into the outages, federal investigations into commodity and...more

Pierce Atwood LLP

Green Power and the 2020 California Blackouts

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This week, California experienced its first blackouts in nearly 20 years. On August 19, the California Independent System Operator (“CAISO”) issued another state-wide flex alert, calling on the public to reduce energy use to...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2020

The Insanity is Over: ‘Navigable’ Now Means ‘Navigable’ Again - "The Trump administration has now announced that the intentionally ambiguous and easily abused Waters of the United States Rule has been replaced by the new,...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2019 #2

New Fortress Energy LNG Plant Demonstrates New York Insanity - "For those unfamiliar with the facility, the plant is a gigantic $800 million investment that will take in natural gas from the Marcellus Shale and liquefy it...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2019

Alexandria Ocasio-Cortez's Green New Deal Would Reshape the Economy in 10 Years. That Could Shock the Energy Sector. "The concern is that Ocasio-Cortez's plan to achieve climate goals in just 10 years will not only tee up...more

Flaster Greenberg PC

Marcellus Shale Update

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On January 11, 1912, women weavers shut down the Everett Mill in Lawrence, Massachusetts. Earlier that day, they opened their pay envelopes to find their wages cut by 4%. ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2018 #5

California's Ready to Retaliate if Trump Cuts Auto Rules, Sources Say - "As the Trump administration begins to dismantle Barack Obama's ambitious auto efficiency regulations, California is said to be poised to retaliate...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2018

Appalachia Underground NGL Storage Facility Clears Big Hurdle - "The Appalachia Storage & Trading Hub initiative got approval for the first of two application phases for a $1.9 billion U.S. Department of Energy loan, the...more

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